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Florida & Gulf Coast  + Central Florida  + Industrial  | 
Stonemont Financial Group has completed land acquisitions in Central FL for two industrial developments that will total 1.3 million square feet

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

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Stonemont Financial Group’s Dorr

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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