Clay Taylor, Realtor® and Sales Associate with Coldwell Banker Commercial Saunders Real Estate (CBCSRE), closed a $3M deal of 44+/- acres of prime industrial land in Lakeland, Polk County, Florida. Located on Airport and Gay Roads, the tracts become a strategic location for Lakeland’s sixth largest employer*, Rooms To Go (RTG) that purchased the acreage for plans to expand warehousing space.

The tracts were sold by brother and sister, Jerry Tanner and Nan Tanner Ledoux, to Seaman Development Corp. in August 2008 with plans to expand the RTG warehouse footprint by over 700,000 SF. The approximately $16 million expansion for one of the nation's leading furniture distributors will be the largest warehouse in Polk County.

The two parcels of land come with a rich history of farming, cattle, and direct family ownership for over 67 years, with extended family ownership since around 1906. Jerry Tanner remarks, “To sell long-held family land can be emotional, but we have no misgivings. We are at a point in life where we don’t have the time to work it. Rooms To Go gave a good presentation of use and was very professional in all aspects of the transaction. Selling land to a big corporation can be complicated but Saunders Real Estate more than met our expectations and far exceeded them in many instances. We are very pleased.” The Tanners are satisfied that the land will be used to help the Polk County economy by bringing in construction jobs and permanent employment for this new facility.

Coldwell Banker Commercial Saunders Real Estate has Sales Associates covering the State of Florida and beyond. Known for their land deals, Coldwell Banker Commercial Saunders Real Estate Sales Associates are experts in land, commercial, industrial, conservation, and land and resource management. The company has earned the highest Commercial Elite award two years running, every year since the 2006 affiliation with Coldwell Banker Commercial.

 

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