Equus Capital Partners affiliate acquires Lakeland industrial center for $38 million

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An affiliate Equus Capital Partners Ltd., a national real estate investment manager, has completed the acquisition of a two-building, 299,241 square-foot industrial center located in Lakeland, for $38 million. The property, at 900 & 920 N. Chestnut Road, is located 4.2 miles from Lakeland Linder International Airport. The buildings were built in 2021 and were … Read more

How Pinellas County industrial & office markets are performing

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►RLJ Lodging Trust sold the 362-room Vinoy Renaissance St. Petersburg Resort & Golf Club for a total consideration of $188.5 million, consisting of the contractual sales price of $185 million and the release of $3.5 million in member deposits.

INDUSTRIAL Economy The Tampa Bay economy accelerated over the past year, adding more than 26,200 jobs for an annual growth rate of 1.9 percent. As of February 2019, the unemployment rate in Pinellas County fell by 20 basis points over the past 12 months, to 3.3 percent. Nearly all industrial-related industries saw employment growth. Transportation, … Read more