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Florida & Gulf Coast  + Central Florida  + Office  |  November 2, 2020
By: David Cohen

Lakeland Office Property Trades for $10M

Citizens Bank & Trust

The Citizens Bank & Trust Building

Marcus & Millichap has arranged the $9.8 million sale of Citizens Bank & Trust, a 69,447-square-foot office property in Lakeland.

Located at 402 S Kentucky Ave., the property is fully occupied by a roster of regional and national tenants, including Morgan and Morgan, Citizens Bank and Trust, RKK Engineering, Fuzion Zone, Adecco Recruiting, the FBI, Raymond James and Florida DOE. The property also features an on-site parking garage.

Douglas Mandel and Jaclyn Blair of Marcus & Millichap’s Fort Lauderdale office represented the seller, a limited liability company, in the transaction. The buyer was 1325 Gateway, a limited liability company.

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Inside The Story

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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