Investor buys distribution center for nearly $50 million

Lexington Realty Trust adds to statewide portfolio with property in Plant City developed by Wharton Industrial and Red Rock Developments

  • By Kevin McQuaid
  • | 11:30 a.m. June 22, 2021
COURTESY PHOTO — Lexington Realty Trust of New York purchased the County Line Distribution Center in Plant City for $48.49 million, records show.
COURTESY PHOTO — Lexington Realty Trust of New York purchased the County Line Distribution Center in Plant City for $48.49 million, records show.
  • Commercial Real Estate
  • Share

A New York-based real estate investment trust has acquired a Plant City distribution center built speculatively last year for $48.49 million, Hillsborough County property records show.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 6, 2026
Waves Boat & Social Club recharts course with Stickney sale pending
  • March 6, 2026
Nordstrom Rack sets Sarasota store opening date
  • March 6, 2026
AdventHealth nearing completion of Pasco medical office building
  • March 6, 2026
Naples club completes first phase of $16M renovation project

Sponsored Content