Philadelphia investor pays $38 million for Polk industrial space

  • By Louis Llovio
  • | 2:15 p.m. September 23, 2024
  • | 0 Free Articles Remaining!
A two-building, 299,241-square-foot industrial center in Lakeland has been sold to a Philadelphia investment firm.
A two-building, 299,241-square-foot industrial center in Lakeland has been sold to a Philadelphia investment firm.
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  • Tampa Bay-Lakeland
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Equus Capital Partners, a Pennsylvania real estate investment firm, has bought a Lakeland industrial center.

The firm paid $38 million for the two-building property at 900 N. Chestnut Road, about 4 miles from Lakeland Linder International Airport.

High Street Logistics Properties was the previous owner. It paid $25.92 million for the property in 2021, according to Polk County property records.

 

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