NY firm buys area distribution center for nearly $18M

LAKELAND — A New York real estate development and property management firm has acquired a 139,500-square-foot warehouse/distribution building in Polk County for $17.8 million.

INDUS Realty Trust, which specializes in high-quality industrial and logistics properties, acquired the property, according to a release from Cushman & Wakefield, which represented the seller. A spokesperson for the real estate brokerage, in an email, declined to identify the seller of the building, at 2850 Interstate Drive, Lakeland.