Florida

LAKELAND, FLA. — JLL Capital Markets has negotiated the $67.7 million sale of three industrial buildings located within Lakeland Commerce Center in Lakeland, a city in Central Florida between Tampa and Orlando. Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David Orta Jr. and Mia Gian of JLL represented the seller, Atlanta-based Stonemont, in the transaction. MDH Partners, also based in Atlanta, was the buyer. Positioned along the County Line Road corridor between I-4 and Lakeland Linder International Airport, Lakeland Commerce Center Buildings 100, 200 and 300 are three newly constructed, rear-load industrial buildings totaling 557,100 square feet. The property provides same-day delivery access to Florida’s residents, as well as logistics services throughout the Southeastern United States. Lakeland Commerce Center spans four buildings. MetLife purchased the fourth building, the 348,740-square-foot Building 400, for $50 million in March 2025.

ORLANDO, FLA. — JLL Capital Markets has arranged the $56.1 million sale of Cypress Park, a 256,838-square-foot industrial property located along Satellite Boulevard in Orlando. Luis Castillo, Cody Brais, Taylor Osborne, David Orta Jr. and Mia Gian of JLL represented the seller, Herbert Management Corp., in the transaction. The buyer was Midtown Capital Partners. Situated directly off Florida’s Turnpike and U.S. Route 441 interchange near the Orlando International Airport, the five-building industrial property sits on roughly 23.4 acres and features 45 dock-high doors, 18 drive-in and grade-level doors, clear heights ranging from 20 to 22 feet and up to 100-foot truck court depths. At the time of sale, Cypress Park was 99 percent leased to 26 tenants across nine industries such as technology, manufacturing, building materials, construction, retail distribution, food-and-beverage, financial services and third-party logistics. Suite sizes range from 1,000 to 34,000 square feet.