AEW Capital Management Acquires Industrial Property In Lakeland For $100M

Located at 6200 State Road 33 N. in Lakeland, this industrial property was recently sold in a transaction facilitated by Transwestern Development Co. and Crow Holdings Capital Real Estate. The property spans 713,000 square feet and was acquired by AEW Capital Management, represented by Jeff Furber, for a sale price of $100,000,000. The price per square foot amounts to approximately $140.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $100,000,000
• Address: 6200 State Road 33 N.
• Market: Lakeland
• Buyer: AEW Capital Management - Jeff Furber
• Seller: Transwestern Development Co. & Crow Holdings Capital Real Estate
• Square Footage: 713,000
• Price Per Square Foot: $140

Jeff Furber represented AEW Capital Management in the acquisition of this industrial property, serving as their broker representative. The deal was completed on August 24, 2021.