LAKELAND, Fla., March 15, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Lakeland Plant Property, 26.03-acres of industrial land located in Lakeland, Fla., according to Grant Fitzgerald, sales manager of the firm’s Tampa office. The asset sold for $7,000,000.
Paul Bouldin, an investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Lakeland Plant Property is located at 4500 Frontage Road South in Lakeland, Fla and is situated by I-4 and Polk Parkway. The property offers convenient access to both Tampa and Orlando, Fla.
About Marcus & Millichap (NYSE: MMI)
With nearly 2000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.