LOCATION

City of Lakeland

Lakeland has always been a hub of innovation and progressive ideas. Today, the City continues to thrive as population and business expansions are attracted to this area, the geographic center of Florida. Lakeland’s economic base consists of warehouse, transportation and distribution, education, health care, manufacturing and retail.

Lakeland has received the distinction of being on Money Magazine’s “Best Place to Live in America” list. In addition, Lakeland is home to Publix Supermarkets, Florida Southern College and is the winter home to the Detroit Tigers.

Retail Market Overview

"The largest drivers of absorption over recent years have noticeably focused on grocery-anchored centers, likely due to Lakeland's strong household formation.

With a construction pipeline elevated though still manageable compared to historical build levels, and expected strong future demand from the elevated job and population growth rates, vacancies are likely to remain tight for the foreseeable future."

This location boasts a large workforce hub, including:

• Saddle Creek & Sams's Club Distribution Center

• Florida Polytechnic University STEM

• HD Supply, Haverty & Walmart Distribution Center

• Ikea (2019) - 325,000 SF & Medline (2017) - 830,000 SF

• Pepsico & Best Buy Distribution Center