Stonemont Lakeland Industrial

Overview

An Atlanta-based real estate investment company has bought two local properties and will build almost 1.3 million square feet of industrial space.

The plan from Stonemont Financial Group includes six warehouses in Pasco County and Lakeland that “aim to address burgeoning demand among e-commerce and distribution users operating in some of the most supply-constrained markets in Florida.”

Project Description / Details

In Lakeland, construction has begun on the Lakeland Commerce Center at County Line. This project includes four buildings — 148,100 square feet, 150,600 square feet, 258,000 square feet and 348,740 square feet — near Interstate Four. The development will include 254 dock doors, 840 automobile parking spots and 450 trailer parking stalls available on site. Frampton Construction is serving as the general contractor.