LAKELAND, FL—Brennan Investment Group, a Chicago-based private real estate investment firm, has purchased 164.85 acres in Lakeland for an undisclosed price. The site plan for a speculative industrial development, to be called CenterState Logistics Park East, has zoning approval for a total of up to 1.5 million square feet.
Brennan will begin development of 1 million square feet of space at CenterState Logistics Park East within the month, with completion expected by the end of 2020. The site is located at Exit 38 on Interstate 4. With a mile of frontage on I-4, it has more frontage than any other industrial site along the I-4 corridor.
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