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Cushman & Wakefield Arranges $41.2 Million Sale of CenterState West on Behalf of Brennan Investment Group

8/4/2020
Cushman & Wakefield has arranged the $41.2 million sale of CenterState West, a newly built 440,000-square-foot distribution center located in Lakeland, Florida.

CenterState West

Rick Brugge, Mike Davis, Rick Colon, Dominic Montazemi, Zachary Eicholtz and Brooke Tulley of Cushman & Wakefield represented the seller, a joint venture between Brennan Investment Group and Grandview Partners, in the transaction. Nuveen Real Estate acquired the property.

“Centrally located between Tampa and Orlando, Lakeland offers quick access to two major Florida markets in less than an hour,” Brugge said. “CenterState West is conveniently located along the Interstate 4 corridor, one of the fastest growing warehouse and distribution hubs in the state of Florida due to its logistical advantages.”

Located at 8054 State Road 33N, the state-of-the-art building sits on 43.98 acres and includes 115 dock doors, 36’ clear height, 120’-130’ truck court depths with 60’ concrete aprons, 172 trailer parking spaces, and ESFR fire protection.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

 

Media Contact

Savannah Durban Atlanta Communications
Savannah Durban

Senior Communications Specialist, South Region • Atlanta

Ms. Durban leads public relations for Cushman & Wakefield's South region. She oversees media relations, thought leadership initiatives, and manages blogs and social media.