Lakeland, FL

CBRE Secures New Industrial Lease at Key Logistics Center Building 300 along I-4 Corridor

List Logistics Inks 349,929-SF Lease in Lakeland, FL

September 21, 2022

5300 Allen K. Breed Highway in Lakeland, Florida

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Liz Kamper

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CBRE has secured a new 349,929-square-foot lease at 5300 Allen K. Breed Highway in Lakeland, Fla. List Logistics will occupy the entire Building 300 at Key LogisticsCenter.
 
David Murphy and Monica Wonus with CBRE represented the landlord, Sealy & Company, in lease negotiations. Jared Bonshire with Cushman and Wakefield represented the tenant.

“Polk County has become one of the fastest growing secondary industrial markets in the country,” said CBRE Executive Vice President David Murphy. “There is no better location to distribute statewide than the Interstate 4 corridor running between the two growing metro areas of Tampa and Orlando, and Key Logistics Center is located in the middle of it all.”

Built in 2019, Key Logistics Center is a Class A, state-of-the-art, multibuilding industrial park. Building 300 features 3,623 square feet of speculative office, cross-dock loading, 36-foot clear ceiling height, 104 dock doors, four ramps, an ESFR sprinkler system, and access to an adjacent trailer parking yard.

The property has immediate access to County Line Road and U.S. Highway 92. It is located less than a mile from the Polk Parkway and one mile from Interstate 4.

“Sealy & Company recently acquired both Building 200 and 300 through an off-market deal. We are pleased to see the successful execution of our underwritten stabilization strategy, thanks to our partnership with CBRE. Sealy & Company is focused on strengthening our presence in key industrial markets in Florida and throughout the U.S.,” states John Nida, Senior Regional Director – Investment Services for Sealy & Company.

CBRE is also marketing the 491,929-square-foot Building 200 at Key Logistics Center.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.