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Stonemont to Construct Six Industrial Facilities in Central Florida
Stonemont Financial Group has completed land acquisitions for two industrial developments in Central FL. Totaling 1.3 million square feet, the Class A projects include two warehouses in North Tampa and four in Lakeland. JLL will oversee leasing.
In North Tampa, Stonemont will break ground this spring on Sunlake Business Center at SR-54. Building 1 totals 190,000 square feet while Building 2 totals 171,000 square feet.
In Lakeland, Stonemont is underway on Lakeland Commerce Center at County Line, a four-building industrial park that includes buildings with square footage of 148,100, 150,600, 258,000 and 348,740 situated on the I-4 corridor.
“These projects mark our first speculative venture in the Tampa area and our first development in Lakeland, marking a significant step in our mission to fill a void within the region for Class A industrial product,” said Stonemont Vice President Avery Dorr.
The transactions follow closings by Stonemount in Ocala (457,000-square-foot speculative facility) and in Groveland (847,000-square-foot speculative facility).
Photo: Lakeland Commerce Center
- ◦Sale/Acquisition
