(LAKELAND, FL August 23, 2013) – Scott Shepard, CCIM, Director of Industrial and Corporate Real Estate for Colwell Banker Commercial SAUNDERS RALSTON DANTZLER REALTY (CBCSRD), has finalized an 80,000 +/- SF warehouse lease in Lakeland, Florida. This lease will allow Southeastern Paper Group to expand its Central Florida operations and bring approximately 25 new jobs to the area.
The building, an 80,000 +/- SF Class-A Institutional Grade tilt-up wall facility, is located in the First Park at Bridgewater industrial park at the intersection of Interstate 4 and State Road 33. It is commonly known as the Caterpillar Building, as Caterpillar, Inc. was its first tenant.
The new tenant, Southeastern Paper Group, based in Spartanburg, SC, is a regional supplier of disposables, packaging, and janitorial/sanitation supplies and equipment. It presently serves seven states and employs nearly 450 people. Southeastern Paper Group presently has a presence in Lakeland and will utilize its new space to increase operations throughout the region.
Shepard’s expertise in industrial and corporate real estate stems from his experience managing the real estate portfolios of FedEx and Florida Tile, Inc. His knowledge of the complex issues involved in corporate real estate allowed him to orchestrate negotiations between USAA Real Estate Company (the landlord), the previous tenant, and Southeastern Paper Group.
About Coldwell Banker Commercial SAUNDERS RALSTON DANTZLER REALTY
Coldwell Banker Commercial SAUNDERS RALSTON DANTZLER REALTY (CBCSRD), located in Lakeland, Florida, is Polk County’s premier commercial real estate firm that offers a local presence with national and global branding. Located in the heart of the State of Florida, the center of Central Florida, and between Tampa and Orlando on the I-4 high-tech corridor, CBCSRD sales associates are authorities on commercial real estate in the region.
Commercial real estate services include, site selection, disposition, leasing, property management, real estate counseling services, acquisition, portfolio assortment plan, asset management, recapitalization, and development. For more information, please visit www.SRDcommercial.com.