LG Electronics USA has signed a 348,740-square-foot lease for Constructing 400 at Stonemont Monetary Group’s Lakeland Commerce Middle in Lakeland, Fla., a Tampa submarket.
The campus consists of 4 rear-load amenities that broke floor in July 2022 and got here on-line within the first quarter of this 12 months. Companions on the event comprised structure agency Ware Malcomb and common contractor Frampton Building, in addition to civil engineer Kimley Horn.
Constructing 400 has 36-foot clear heights, 95 dock-high loading doorways, 4 drive-in doorways and a 130- to 185-foot truck court docket. Moreover, the distribution middle has greater than 200 parking areas and 68 trailer stalls.
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Following the deal, the 905,550-square-foot campus is 51 p.c leased. The opposite amenities vary from 148,100 to 258,000 sq. toes and have 32-foot clear heights, in addition to a complete of 173 dock-high loading doorways.
Situated at 5135 Drane Discipline Highway, the power is lower than 3 miles from the Lakeland Linder Worldwide Airport. Downtown Lakeland is inside 12 miles northeast.
LG’s current U.S. growth
LG has been increasing its U.S. footprint within the final months. In June, Geis Cos. accomplished the corporate’s LG Chem Ohio, a two-building, 248,000-square-foot campus in Ravenna, Ohio. The complicated consists of a 100,000-square-foot workplace constructing and a 148,000 sq. foot manufacturing facility.
Earlier this 12 months, the agency additionally introduced plans for the development of a $5.5 billion battery manufacturing campus in Queen Creek, Ariz. Representing the most important single funding for a stand-alone battery manufacturing facility in North America, the event will include a 1.4 million-square-foot plant that may produce cylindrical EV batteries.
