iStar REIT buys Plant City warehouse

Net lease-targeted real estate investment trust spends $70 million for C&S Wholesale and Winn-Dixie distribution center

By Kevin McQuaid
| 6:00 a.m. December 11, 2020
| 0 Free Articles Remaining!

Commercial Real Estate

A New York-based investment firm has acquired a distribution center occupied by the nation’s largest grocery distributor in Plant City for $70 million, property records indicate.

iStar Financial Inc. affiliate CS NLA II LLC bought the property, at 1802 Jim Johnson Road, from C&S Wholesale Grocers Inc., a New Hampshire-based grocer that supplies Winn-Dixie and other chains.