Carrera Family Investments Acquires Retail Property In Lakeland For $7.1M

Located at 4000 US Hwy 98 N in Lakeland, this retail property was recently sold in a closed transaction. The property spans approximately 44,321 square feet and was sold for a total price of $7,125,000, resulting in a price per square foot of $161. The transaction took place on July 28, 2022.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $7,125,000
• Market: Lakeland
• Buyer: Carrera Family Investments, Inc - Jose Carrera
• Seller: Lakeland Retail, LLC - Steve Wathen
• Seller's Representative: Anthony Bernabe & Jordan Characo - Equity
• Image: Anthony Bernabe & Jordan Characo
• Date: July 28, 2022

The buyer of the property is Carrera Family Investments, Inc, represented by Jose Carrera. On the other side of the transaction, Lakeland Retail, LLC, represented by Steve Wathen, acted as the seller. Anthony Bernabe and Jordan Characo from Equity served as the seller's representatives. This deal showcases the involvement of key individuals and companies in the successful sale of the retail property.