Ashley Furniture buys Lakeland industrial building for $70.54M

The building is part of Lakeland Central Park, an expanding industrial park off of Polk Parkway.

By Louis Llovio
| 4:10 p.m. May 28, 2025
| 0 Free Articles Remaining!

Ashley Furniture Industries has bought a 705,000-square-foot industrial building in Lakeland.

Tampa Bay-Lakeland

Wisconsin-based Ashley Furniture Industries has bought a 705,000-square-foot industrial facility in Lakeland as the building’s previous owner plans to expand the park its located in.

The cross-dock facility — known as LCP 200 — is part of Lakeland Central Park which is being developed by the Orlando real estate investment firm Parkway.

Parkway announced the sale in statement Wednesday afternoon, but a spokesperson declined to name the buyer or the sale price.