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Florida & Gulf Coast  + Central Florida  + Retail  | 

Lakeland Shopping Center Trades for $11M

Transwestern Real Estate Services has arranged the $10.5 million sale of Lakeland Town Center, a 282,949-square-foot shopping center in Lakeland, FL. John Bell and Fred Victor of Transwestern brokered sale on behalf of the undisclosed seller. The buyer was a private equity firm.

Located at 917 E. Memorial Blvd., the 26-acre retail center was 53% leased at the time of sale and offers exposure from its position on E. Memorial Highway, one of Lakeland’s primary retail corridors.

“Lakeland Town Center’s location in a high-profile, tight retail market allows the new owner to create value through redesign or redevelopment and to strategically market the property to medical, school and business users that complement existing tenancy,” said Bell.


Inside The Story

Transwestern’s Bell

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.