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background-County Line Logistics Center | Real Estate

County Line Logistics Center

Key information

Industrial/Logistics
Sector
2020
Acquired
Tampa, Florida
Location

  • Located between Tampa and Orlando, two of the fastest growing Metropolitan Statistical Areas in the U.S., Lakeland provides a competitive logistical advantage for state-wide distribution and serves as a regional transportation hub for the state of Florida and the Southeastern U.S.
  • Four new, Class A, state-of the-art light industrial buildings totalling 1.1 million sq ft with 28’-36’ clear height, ESFR sprinklers, LED lighting, and 171’–180’ truck courts with ample trailer parking
  • The asset is also strategically positioned in the I-4 Corridor, Florida’s main east/west artery connecting the west coast of Florida to I-75, I-95 and the Florida Turnpike, allowing fluid distribution to Florida’s massive population base
  • 100% leased to nine diverse tenants with 2.5 years of WALT featuring a granular rent roll; 51% of the total space leased to credit rated tenants
Investment requirements
Learn more about our approach to real estate
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Contact us
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London
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+44 20 3727 8000
201 Bishopsgate, London, United Kingdom

*Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.

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