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Bobeck Real Estate Acquires Industrial Property In Lakeland For $15.1M

5275 Drane Field Road
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This Industrial property located in FL was sold for $15,100,000 over 3 years ago. The brokers of the deal were Robyn Hurrell, Ryan Vaught, and Oliver Vaubois

Blue Steel Development has sold an industrial property in Lakeland. The property, located at 5275 Drane Field Road, was purchased by Bobeck Real Estate for a total price of $15,100,000. The asset spans 222,134 square feet, resulting in a price per square foot of $68.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $15,100,000
  • Address: 5275 Drane Field Road
  • Market: Lakeland

The sale of this industrial property was facilitated by Colliers International brokers Ryan Vaught, Robyn Hurrell, and Oliver Vaubois who represented the buyer and seller in the deal.

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Deals
  • Location
    5275 Drane Field Rd, Lakeland, FL 33811, USA5275 Drane Field Rd, Lakeland, FL 33811, USA
  • Sale Price
    $15,100,000$15,100,000
    $68 PPSF$68 PPSF
  • Area
    222,134 SF222,134 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Oliver Vaubois

Oliver Vaubois

Deals1
Sold$15.1M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Deal Summary

SALE IMAGE: Ryan Vaught, Robyn Hurrell & Oliver Vaubois DATE: 08/27/2020 ADDRESS: 5275 Drane Field Road MARKET: Lakeland ASSET TYPE: Industrial SELLER: Blue Steel Development BUYER: Bobeck Real Estate BROKERS: Ryan Vaught, Robyn Hurrell & Oliver Vaubois – Colliers International — PRICE: $15,100,000 SF: 222,134 PPSF: $68

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5275 Drane Field Road

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