LEED Buildings of Note in Winter Haven, FL
Planned LEED Certification - Winter Haven, FL
Polk County has hired Register Construction to build the new Polk County Public Safety Complex located along State Road 540 in Winter Haven. This facility will consist of a 100,000 Operations Facility for the Sheriff’s Office, 13,300 SF Communications Center, and a 16,000 SF Crime Scene Investigations Building. The project is nearing completion and the LEED certification process will be ongoing.
Sources: Register Construction Website and Polk County Government Website
Links: http://www.registerconstruction.net/home/news/newsdetail.asp?NewsID=47
http://www.polk-county.net/cipprojectdetails.aspx?type=fac&id=16358
Planned LEED Gold Certification – Winter Haven, Florida
The new Fire Safety Complex located at the corner of Avenue G and Highway 17 (3rd Street) in Winter Haven has been planned and constructed to achieve LEED Gold Certification. The address is 301 Avenue G SW. This facility was recently completed and consists of 22,280 SF.
Sources: City of Winter Haven Facebook Page and Winter Haven Fire Department Website
Links to info: http://www.facebook.com/note.php?note_id=133342902903
http://whfd.mywinterhaven.com/index.html
Planned LEED Certified Home – Winter Haven, Florida
Located along the shores of Little Lake Otis in Winter Haven, Florida, a 4,200 SF home has been planned and is being constructed to achieve LEED Certification. This is reported to be the first home in Winter Haven registered to achieve LEED Certification. Some special design items include: a white membrane roof covering to keep it cooler, peel-and-stick solar panels will be installed by Quickbeam Energy of Winter Haven, geothermal air-conditioning, rainwater capture system, concrete made from fly ash, lumber that meets Forest Stewardship Councils standards, etc. Max Strang Architecture designed the home and Alan C. Ulch, Inc. is building the home.
Sources: Alan Ulch Inc. Website featuring Ledger.com article
Link to Info: http://alanulch.com/TheLedger.html
For more information or an in-depth analysis contact:
Mike Cliggitt
863-661-1165
Central Florida Commercial Real Estate Analysts & Advisors
http://www.cliggitt.com/
Saturday, July 17, 2010
Tuesday, May 11, 2010
LEED Buildings of Note in Lakeland, Florida
LEED Buildings of Note in Lakeland, Florida
Planned LEED Platinum Certification (Under Renovations – Not Yet Certified) – Lakeland, FL
The former Holland & Knight law office located along Lake Wire with a new address of 450 Martin Luther King Jr. Avenue in Lakeland, Florida was purchased by The Board of Trustees of the Florida Annual Conference of the United Methodist Church, Inc. on April 6, 2009 for $3,400,000. The building was originally constructed in 1967 and at the time of purchase the building had been completely gutted. The new owners hired MarcoBay Construction and the building is now currently undergoing renovations and has been planned to qualify for LEED Platinum Certification.
Sources: theledger.com; public records/property appraiser; phone interview
Link to Lakeland Ledger article: http://www.theledger.com/article/20090227/NEWS/902270332
LEED Gold Certification – Lakeland, Florida
Magnify Credit Union (FKA Community First Credit Union) was constructed in 2008/2009 at the corner of County Road 540A and Scott Lake Road/Carter Road in Lakeland (South Lakeland). This site was originally improved with a prefabricated Bruster’s Ice Cream and the new credit union building was constructed to incorporate the existing ice cream operation. In addition to LEED Gold Certification status the building has been titled as Florida’s first “Net Zero Energy” commercial building. The roof of the building consists of an array of photovoltaic panels for electricity production and the building also consists of a specialized gray water system, low consumption fixtures, high efficiency air handlers, etc.
Sources: Info and Photos from Consulting Engineering Associates Website & Magnify’s Website
Link to Info: http://www.cea-engineers.com/leed.htm
http://www.gogreenpolkcounty.com/
LEED Certification – Lakeland, Florida
Earthlinked Technologies office and manufacturing facility was constructed in 2008 and was Lakeland’s and Polksfirst LEED Certified building. The property is located within the Parkway Corporate Center just south of the Polk Parkway in the western portion of Lakeland. The address is 4151 South Pipkin Road, Lakeland, FL 33811. The building is approximately 30,000 SF. Earthlink Systems were included in the construction, which consists of geothermal heat pumps. Additionally the building utilized natural lighting, water efficient landscaping, water reclamation and conservation, various recycled materials, etc.
Sources: Earthlinked Technologies Website and Rodda Construction Website
Links to Info: http://www.earthlinked.com/LEED-certification
http://www.roddaconstruction.com/Success-Stories/Earthlinked-Technologies.aspx
For more information or an in-depth analysis contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Planned LEED Platinum Certification (Under Renovations – Not Yet Certified) – Lakeland, FL
The former Holland & Knight law office located along Lake Wire with a new address of 450 Martin Luther King Jr. Avenue in Lakeland, Florida was purchased by The Board of Trustees of the Florida Annual Conference of the United Methodist Church, Inc. on April 6, 2009 for $3,400,000. The building was originally constructed in 1967 and at the time of purchase the building had been completely gutted. The new owners hired MarcoBay Construction and the building is now currently undergoing renovations and has been planned to qualify for LEED Platinum Certification.
Sources: theledger.com; public records/property appraiser; phone interview
Link to Lakeland Ledger article: http://www.theledger.com/article/20090227/NEWS/902270332
LEED Gold Certification – Lakeland, Florida
Magnify Credit Union (FKA Community First Credit Union) was constructed in 2008/2009 at the corner of County Road 540A and Scott Lake Road/Carter Road in Lakeland (South Lakeland). This site was originally improved with a prefabricated Bruster’s Ice Cream and the new credit union building was constructed to incorporate the existing ice cream operation. In addition to LEED Gold Certification status the building has been titled as Florida’s first “Net Zero Energy” commercial building. The roof of the building consists of an array of photovoltaic panels for electricity production and the building also consists of a specialized gray water system, low consumption fixtures, high efficiency air handlers, etc.
Sources: Info and Photos from Consulting Engineering Associates Website & Magnify’s Website
Link to Info: http://www.cea-engineers.com/leed.htm
http://www.gogreenpolkcounty.com/
LEED Certification – Lakeland, Florida
Earthlinked Technologies office and manufacturing facility was constructed in 2008 and was Lakeland’s and Polksfirst LEED Certified building. The property is located within the Parkway Corporate Center just south of the Polk Parkway in the western portion of Lakeland. The address is 4151 South Pipkin Road, Lakeland, FL 33811. The building is approximately 30,000 SF. Earthlink Systems were included in the construction, which consists of geothermal heat pumps. Additionally the building utilized natural lighting, water efficient landscaping, water reclamation and conservation, various recycled materials, etc.
Sources: Earthlinked Technologies Website and Rodda Construction Website
Links to Info: http://www.earthlinked.com/LEED-certification
http://www.roddaconstruction.com/Success-Stories/Earthlinked-Technologies.aspx
For more information or an in-depth analysis contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Friday, April 16, 2010
Rockefeller, Flagler, Cabot, Browning & Locals Staking Claims for Lakeland Industrial Development
Rockefeller, Flagler, Cabot, Browning & Locals Staking Claims for Lakeland Industrial Development
Polk County and more specifically Lakeland along the Interstate 4 corridor have become recognized as a strategic distribution hub and business location both regionally, nationally and internationally with a multitude of development companies staking claims to capitalize on future growth and development in the region. Strategically, the area boasts of a population of 8.5 million within a 100 mile radius. Access to ports along both the east and west coasts of Florida - with the Port of Tampa approximately 30 miles from Lakeland. Additionally, Lakeland/Polk is within an hour’s drive of the Tampa and Orlando metro markets, which both consist of international airports. There are numerous colleges and universities, as well as a range of technical schools both locally and within proximity to the area, including the most recently planned university - USF Polytechnic campus in Lakeland, which is scheduled for the first phase of construction in 2010. These factors and others, including the planned high speed rail and CSX Intermodal Center, have been driving an acquisition spree in the area over the last few years. What was once a market dominated by local groups making up the majority of development and investment activity in this sector, now has given way to a range of new regional and national firms strategically positioning themselves for the continued growth expected in the region.
Interstate 4/State Road 33 junction experiences substantial transaction activity in 2008
Rockefeller Group Development Corporation purchased 113+ acres along the north side of State Road 33, just north of Interstate 4 in Lakeland. This is at I-4 exit 38/State Road 33. The site is the former home to the USA International Speedway. The property was purchased in August of 2008 for $9,300,000 or approximately $82,301 per acre. Rockefeller Group Development Corporation plans to build a first-class industrial park, which will consist of just over one million square feet of space, targeted to large scale tenants. The preliminary plan includes one 590,200 SF building, one 440,000 SF building, and one 120,000 SF building. This project is RGDC’s first project in the Polk County/Lakeland market.
Sources: Rockefeller Group Development Corporation Website and Public Records
Link: http://www.rockgroupdevelopment.com/fl/lakeland.html
Cabot Properties purchased 60+ acres along the north side of Interstate 4 and south side of State Road 33 also at Exit 38 in Lakeland. Cabot is a private equity real estate investment firm based out of Boston, Massachusetts. This property was acquired as part of the Cabot Industrial Value Fund II. The purchase was in July of 2008 for $5,309,929, which equates to approximately $88,150/acre. This property is just east of the 113 acre property Rockefeller Group Development Corporation purchased in August of 2008.
Sources: Cabot Properties Website and Public Records
Link: http://www.cabotprop.com/
Browning, Inc. purchased 104+ acres July of 2008 for $85,000/acre or approximately $8,840,000. This site is located along the north side of State Road 33, north and east of the two properties discussed above. Browning is Indianapolis, Indiana based real estate development company. This property is planned for just under 1.7 million square feet of distribution space. The first planned building will consists of approximately 210,600 SF, the second building will consists of 554,040 SF and be expandable to 1,049,760 SF. The third building is planned for 437,400 SF.
Sources: Browning, Inc. Website and Public Records
Link: http://www.browninginvestments.com/default.aspx
Brown Development Group purchased 115+ acres in January of 2006 for $4,336,600, which equates to $37,795/acre. This property is located along the south side of Interstate 4, just west of State Road 33 at Exit 38 of I-4. This site is adjacent to the planned campus of the University of South Florida Polytechnic in Lakeland. BDG is a Miami based real estate development company.
Sources: Brown Development Group Website and Public Records
Link: http://www.bdgflorida.com/lakeland-i4-property
The Ruthven’s, a local Polk County Florida Industrial Property, Developer, Owner, and Manager, purchased 165+ acres located along the north side of Interstate 4 and south side of State Road 33, east of both the Rockefeller site and Cabot site and along the western boundary of the on/off ramp to the Polk Parkway. The property was purchased in August of 2008 for $6,885,000, which equates to approximately $41,649/acre.
Sources: Ruthven’s Website and Public Records
Link: http://www.ruthvens.com/
West Lakeland – Polk Parkway, Airport Road, County Line Road transaction activity
“Lakeland Central Park”
Flagler Development acquired 733+ acres of land located along the west side of Airport Road and north and east sides of the Polk Parkway. This location is south of Interstate 4 with the Polk Parkway and Airport Road providing access to I-4. The land was acquired in a number of transactions throughout 2005 for a combined purchase price of just over $17,000/acre. This project is named as Lakeland Central Park and is planned for 5 million square feet of warehouse, 650,000 SF of Class A office, 225,000 SF of retail and hotel and residential units. Over the next five years Flagler plans to develop 1.4 million SF of warehouse space and 112,306 SF of Class A office space.
Sources: Flagler Development Website and Public Records
Link: http://www.flaglerdev.com/Properties.aspx?id=24&nav=59
“Lakeland Distribution Center”
Flagler Development also acquired 117+ acres along the west side of County Line Road just south of Interstate 4 in September of 2005 for $5,100,000 or approximately $43,300/acre. This property is planned for up to 1.2 million square feet of warehouse and distribution space and will be known as Lakeland Distribution Center.
Sources: Flagler Development Website and Public Records
Link: http://www.flaglerdev.com/Properties.aspx?id=25&nav=59
The Ruthven’s purchased 45+ acres along the north side of Drane Field Road, south side of the Polk Parkway, west of Waring Road. This property will be developed with the Ruthven Parkway Center and its location is just south of the 733 acre Lakeland Central Park development planned by Flagler Development along the north side of the Parkway.
Sources: Ruthven’s Website and Public Records
Link: http://www.ruthvens.com/
Lakeland Industrial Land - Transactions Summary
Rockefeller Group – (I-4/State Road 33) – August 2008 - $82,301/acre+
Cabot Properties – (I-4/State Road 33) – July 2008 - $88,153/acre+
Browning – (State Road 33) – July 2008 - $85,000/acre+
Brown Development Group (I-4/S.R.33) – January 2006 - $37,795/acre+
Ruthven – (I-4 & State Road 33) – August 2008 - $41,649/acre+
Flagler – Polk Parkway/Airport Road – Throughout 2005 - $17,000/acre+
Flagler – County Line Road – Sept. 2005 - $43,324/acre+
Ruthven – Polk Parkway/Drane Field Road – April 2005 - $55,563/acre+
*Note - the above price per acre figures are based on total/gross land area purchased.
*Note2 – The above transactions are not inclusive of all Lakeland Industrial acquisitions but are included as notable transactions.
For more information, an in-depth analysis, and/or site selection services contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Polk County and more specifically Lakeland along the Interstate 4 corridor have become recognized as a strategic distribution hub and business location both regionally, nationally and internationally with a multitude of development companies staking claims to capitalize on future growth and development in the region. Strategically, the area boasts of a population of 8.5 million within a 100 mile radius. Access to ports along both the east and west coasts of Florida - with the Port of Tampa approximately 30 miles from Lakeland. Additionally, Lakeland/Polk is within an hour’s drive of the Tampa and Orlando metro markets, which both consist of international airports. There are numerous colleges and universities, as well as a range of technical schools both locally and within proximity to the area, including the most recently planned university - USF Polytechnic campus in Lakeland, which is scheduled for the first phase of construction in 2010. These factors and others, including the planned high speed rail and CSX Intermodal Center, have been driving an acquisition spree in the area over the last few years. What was once a market dominated by local groups making up the majority of development and investment activity in this sector, now has given way to a range of new regional and national firms strategically positioning themselves for the continued growth expected in the region.
Interstate 4/State Road 33 junction experiences substantial transaction activity in 2008
Rockefeller Group Development Corporation purchased 113+ acres along the north side of State Road 33, just north of Interstate 4 in Lakeland. This is at I-4 exit 38/State Road 33. The site is the former home to the USA International Speedway. The property was purchased in August of 2008 for $9,300,000 or approximately $82,301 per acre. Rockefeller Group Development Corporation plans to build a first-class industrial park, which will consist of just over one million square feet of space, targeted to large scale tenants. The preliminary plan includes one 590,200 SF building, one 440,000 SF building, and one 120,000 SF building. This project is RGDC’s first project in the Polk County/Lakeland market.
Sources: Rockefeller Group Development Corporation Website and Public Records
Link: http://www.rockgroupdevelopment.com/fl/lakeland.html
Cabot Properties purchased 60+ acres along the north side of Interstate 4 and south side of State Road 33 also at Exit 38 in Lakeland. Cabot is a private equity real estate investment firm based out of Boston, Massachusetts. This property was acquired as part of the Cabot Industrial Value Fund II. The purchase was in July of 2008 for $5,309,929, which equates to approximately $88,150/acre. This property is just east of the 113 acre property Rockefeller Group Development Corporation purchased in August of 2008.
Sources: Cabot Properties Website and Public Records
Link: http://www.cabotprop.com/
Browning, Inc. purchased 104+ acres July of 2008 for $85,000/acre or approximately $8,840,000. This site is located along the north side of State Road 33, north and east of the two properties discussed above. Browning is Indianapolis, Indiana based real estate development company. This property is planned for just under 1.7 million square feet of distribution space. The first planned building will consists of approximately 210,600 SF, the second building will consists of 554,040 SF and be expandable to 1,049,760 SF. The third building is planned for 437,400 SF.
Sources: Browning, Inc. Website and Public Records
Link: http://www.browninginvestments.com/default.aspx
Brown Development Group purchased 115+ acres in January of 2006 for $4,336,600, which equates to $37,795/acre. This property is located along the south side of Interstate 4, just west of State Road 33 at Exit 38 of I-4. This site is adjacent to the planned campus of the University of South Florida Polytechnic in Lakeland. BDG is a Miami based real estate development company.
Sources: Brown Development Group Website and Public Records
Link: http://www.bdgflorida.com/lakeland-i4-property
The Ruthven’s, a local Polk County Florida Industrial Property, Developer, Owner, and Manager, purchased 165+ acres located along the north side of Interstate 4 and south side of State Road 33, east of both the Rockefeller site and Cabot site and along the western boundary of the on/off ramp to the Polk Parkway. The property was purchased in August of 2008 for $6,885,000, which equates to approximately $41,649/acre.
Sources: Ruthven’s Website and Public Records
Link: http://www.ruthvens.com/
West Lakeland – Polk Parkway, Airport Road, County Line Road transaction activity
“Lakeland Central Park”
Flagler Development acquired 733+ acres of land located along the west side of Airport Road and north and east sides of the Polk Parkway. This location is south of Interstate 4 with the Polk Parkway and Airport Road providing access to I-4. The land was acquired in a number of transactions throughout 2005 for a combined purchase price of just over $17,000/acre. This project is named as Lakeland Central Park and is planned for 5 million square feet of warehouse, 650,000 SF of Class A office, 225,000 SF of retail and hotel and residential units. Over the next five years Flagler plans to develop 1.4 million SF of warehouse space and 112,306 SF of Class A office space.
Sources: Flagler Development Website and Public Records
Link: http://www.flaglerdev.com/Properties.aspx?id=24&nav=59
“Lakeland Distribution Center”
Flagler Development also acquired 117+ acres along the west side of County Line Road just south of Interstate 4 in September of 2005 for $5,100,000 or approximately $43,300/acre. This property is planned for up to 1.2 million square feet of warehouse and distribution space and will be known as Lakeland Distribution Center.
Sources: Flagler Development Website and Public Records
Link: http://www.flaglerdev.com/Properties.aspx?id=25&nav=59
The Ruthven’s purchased 45+ acres along the north side of Drane Field Road, south side of the Polk Parkway, west of Waring Road. This property will be developed with the Ruthven Parkway Center and its location is just south of the 733 acre Lakeland Central Park development planned by Flagler Development along the north side of the Parkway.
Sources: Ruthven’s Website and Public Records
Link: http://www.ruthvens.com/
Lakeland Industrial Land - Transactions Summary
Rockefeller Group – (I-4/State Road 33) – August 2008 - $82,301/acre+
Cabot Properties – (I-4/State Road 33) – July 2008 - $88,153/acre+
Browning – (State Road 33) – July 2008 - $85,000/acre+
Brown Development Group (I-4/S.R.33) – January 2006 - $37,795/acre+
Ruthven – (I-4 & State Road 33) – August 2008 - $41,649/acre+
Flagler – Polk Parkway/Airport Road – Throughout 2005 - $17,000/acre+
Flagler – County Line Road – Sept. 2005 - $43,324/acre+
Ruthven – Polk Parkway/Drane Field Road – April 2005 - $55,563/acre+
*Note - the above price per acre figures are based on total/gross land area purchased.
*Note2 – The above transactions are not inclusive of all Lakeland Industrial acquisitions but are included as notable transactions.
For more information, an in-depth analysis, and/or site selection services contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Wednesday, April 14, 2010
Lakeland, Florida Ranks in Top 10 Cities for Energy Star Buildings
Lakeland, Florida Ranks in Top 10 in U.S. for # of Energy Star Buildings
As of 2009 Lakeland, Florida had 120 buildings that have been labeled as Energy Star rated buildings totaling approximately 11.4 million square feet of space. The EPA/Energy Star program has estimated that the energy costs savings produced is approximately $8.3 million or equal to 6,300 homes energy use.
Top 10 Rankings include the following:
1 – Los Angeles, CA – 293 Buildings
2 – Washington, DC – 204 Buildings
3 – San Francisco, CA – 173 Buildings
4 – Denver, CO – 136 Buildings
5 – Chicago, IL – 134 Buildings
6 – Houston, TX – 133 Buildings
7 – Lakeland, FL – 120 Buildings
8 – Dallas-Fort Worth, TX – 113 Buildings
9 – Atlanta, GA – 102 Buildings
10 – New York, NY – 90 Buildings
Information utilized is from the EPA/Energy Star Website. A link to the information is found below:
http://www.energystar.gov/ia/business/downloads/2009_Top_25_cities_chart.pdf
As of 2009 Lakeland, Florida had 120 buildings that have been labeled as Energy Star rated buildings totaling approximately 11.4 million square feet of space. The EPA/Energy Star program has estimated that the energy costs savings produced is approximately $8.3 million or equal to 6,300 homes energy use.
Top 10 Rankings include the following:
1 – Los Angeles, CA – 293 Buildings
2 – Washington, DC – 204 Buildings
3 – San Francisco, CA – 173 Buildings
4 – Denver, CO – 136 Buildings
5 – Chicago, IL – 134 Buildings
6 – Houston, TX – 133 Buildings
7 – Lakeland, FL – 120 Buildings
8 – Dallas-Fort Worth, TX – 113 Buildings
9 – Atlanta, GA – 102 Buildings
10 – New York, NY – 90 Buildings
Information utilized is from the EPA/Energy Star Website. A link to the information is found below:
http://www.energystar.gov/ia/business/downloads/2009_Top_25_cities_chart.pdf
Thursday, February 18, 2010
Lakeland Real Estate: Office Market Comparison 2008 vs 2009
Lakeland Real Estate: 2008 vs. 2009 - Office Market Transaction Comparison
Number of Office Transactions - Down 20%
Average Sale Price - Down 21.64%
Median Sale Price - Down 25.50%
Average Sale Price/SF - Up 18.25%
Median Sale Price/SF - Up 35.10%
From 2008 to 2009 the Lakeland office market experienced a decline in the total number of office transactions and a substantial decline in the total dollar volume of transactions. The average sale price per transaction was down over 20% and the median sale price was off by 25%. Although transactions and dollar volume were off from 2008 the average sale price per square foot saw an increase of 18.25%.
Note - Information was compiled from the property appraisers website from 2008 and 2009 office sales searches.
For more information or for an in-depth analysis of a specific property contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Number of Office Transactions - Down 20%
Total $ Volume - Down 37.31%
Average Sale Price - Down 21.64%
Median Sale Price - Down 25.50%
Average Sale Price/SF - Up 18.25%
Median Sale Price/SF - Up 35.10%
From 2008 to 2009 the Lakeland office market experienced a decline in the total number of office transactions and a substantial decline in the total dollar volume of transactions. The average sale price per transaction was down over 20% and the median sale price was off by 25%. Although transactions and dollar volume were off from 2008 the average sale price per square foot saw an increase of 18.25%.
Note - Information was compiled from the property appraisers website from 2008 and 2009 office sales searches.
For more information or for an in-depth analysis of a specific property contact:
Mike Cliggitt
863-661-1165
http://www.cliggitt.com/
Tuesday, February 16, 2010
Lakeland Real Estate: Office Property Sales - 2008
Lakeland Real Estate: Office Property Sales - 2008
Information Summary
Lakeland - 15 office sales in 2008
Price Range: $145,000 - $7,500,000
Price Range Per Square Foot: $61.39 - $286.79
Building Size Range: 1,200 SF - 48,992 SF
Building Age Range: 1975 - 2000
Total Price Analysis
Average Price: $1,295,833
Median Price: $555,000
Price/SF Analysis
Building Size Analysis
Average Size: 10,664 SF
Median Size: 4,575 SF
Building Year Built Analysis
Note - Information was compiled from data provided by the Polk County Property Appraisers Website
Note 2 - Price Per Square Foot Includes Land
Data In Chart Form
Information Summary
Lakeland - 15 office sales in 2008
Price Range: $145,000 - $7,500,000
Price Range Per Square Foot: $61.39 - $286.79
Building Size Range: 1,200 SF - 48,992 SF
Building Age Range: 1975 - 2000
Total Price Analysis
Average Price: $1,295,833
Median Price: $555,000
Price/SF Analysis
Average Price Per Square Foot: $128.10
Median Price Per Square Foot: $113.41Building Size Analysis
Average Size: 10,664 SF
Median Size: 4,575 SF
Building Year Built Analysis
Average Year Built: 1987
Median Year Built: 1985
Note 2 - Price Per Square Foot Includes Land
Data In Chart Form
Monday, February 15, 2010
Lakeland Real Estate: Office Property Sales - 2009
Lakeland Real Estate: Office Property Sales - 2009
Information Summary
Lakeland - 12 office sales in 2009
Price Range: $110,000 - $5,400,000
Price Range Per Square Foot: $80.00 - $229.99
Building Size Range: 825 SF - 33,338 SF
Building Age Range: 1975 - 2008 (*1967 - Is under Renovation and price Reflects Est. Renovation Costs)
Total Price Analysis
Average Price: $1,015,392
Median Price: $413,500
Price/SF Analysis
Average Price Per Square Foot: $151.47
Median Price Per Square Foot: $153.21
Building Size Analysis
Average Size: 6,969 SF
Median Size: 2,515 SF
Building Year Built Analysis
Average Year Built: 1994
Median Year Built: 1995
Note - Information was compiled from data provided by the Polk County Property Appraisers Website
Note 2 - Price Per Square Foot Includes Land
Data In Chart Form
Information Summary
Lakeland - 12 office sales in 2009
Price Range: $110,000 - $5,400,000
Price Range Per Square Foot: $80.00 - $229.99
Building Size Range: 825 SF - 33,338 SF
Building Age Range: 1975 - 2008 (*1967 - Is under Renovation and price Reflects Est. Renovation Costs)
Total Price Analysis
Average Price: $1,015,392
Median Price: $413,500
Price/SF Analysis
Average Price Per Square Foot: $151.47
Median Price Per Square Foot: $153.21
Building Size Analysis
Average Size: 6,969 SF
Median Size: 2,515 SF
Building Year Built Analysis
Average Year Built: 1994
Median Year Built: 1995
Note - Information was compiled from data provided by the Polk County Property Appraisers Website
Note 2 - Price Per Square Foot Includes Land
Data In Chart Form
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