A portfolio of four industrial buildings in Central Florida has been sold for $28.8 million to Dallas-based Dalfen America Corp. Located in the Orlando submarket of Lakeland and Winter Haven, the 426,000 sqf assemblage traded for just over $67 per sqf. The three industrial buildings in Lakeland are located on South Pipkin Road in a development called Parkway Corporate Center. The fourth building is 16 miles east of Parkway Corporate Center at 750 42nd Avenue in Winter Haven. Jones Lang LaSalle represented the seller, Parkway Partners, during the sale of the portfolio, which was 85 percent leased at the time of the sale.
âWe are seeing a lot of equity and capital out in the [Central Florida] regionâs commercial real estate market as owners and investors continue to chase Class A industrial space,â said Ryan Vaught, a senior vice president of JLL.
