{"id":74906,"date":"2026-07-28T23:19:01","date_gmt":"2026-07-29T03:19:01","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=74906"},"modified":"2026-07-28T23:19:14","modified_gmt":"2026-07-29T03:19:14","slug":"lakeland-distribution-center-housing-pepsicos-gatorade-operations-sells-for-61-5m","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2026\/07\/28\/lakeland-distribution-center-housing-pepsicos-gatorade-operations-sells-for-61-5m\/","title":{"rendered":"Lakeland distribution center housing PepsiCo’s Gatorade operations sells for $61.5M"},"content":{"rendered":"
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A 605,412-square-foot distribution warehouse in Lakeland sold in a three-property portfolio sale.<\/figcaption><\/figure>\n<\/div>\n\n\n

Here is a breakdown of the transaction details and context around the property:<\/p>\n\n\n\n

Transaction Overview<\/strong><\/h3>\n\n\n\n
    \n
  • Property:<\/strong> CenterState Logistics Center (8060 State Road 33 N, Lakeland, FL)<\/li>\n\n\n\n
  • Sale Price:<\/strong> ~$61.5 Million<\/li>\n\n\n\n
  • Building Size:<\/strong> 605,412 square feet<\/li>\n\n\n\n
  • Asset Type:<\/strong> Class A industrial\/logistics warehouse<\/li>\n<\/ul>\n\n\n\n

    Tenant & Operations<\/strong><\/h3>\n\n\n\n
      \n
    • Primary Tenant:<\/strong> Leased long-term to Quaker Sales and Distribution<\/strong>, a wholly owned subsidiary of PepsiCo<\/strong>.<\/li>\n\n\n\n
    • Function:<\/strong> Serves as a major regional distribution hub dedicated to Gatorade<\/strong> products.<\/li>\n\n\n\n
    • Facility Features:<\/strong> 36-foot clear ceiling heights, ESFR fire suppression systems, Ductilcrete flooring, and extensive staging for over 140 trailers and 200+ vehicles.<\/li>\n<\/ul>\n\n\n\n

      Strategic Location & Market Impact<\/strong><\/h3>\n\n\n\n
        \n
      • I-4 Corridor Position:<\/strong> Located directly off State Road 33 near Interstate 4 (Exit 38), positioning it in the center of Central Florida’s industrial supply chain.<\/li>\n\n\n\n
      • Logistics Value:<\/strong> The site enables same-day distribution to over 12 million consumers across the Tampa Bay and Greater Orlando metro areas within a short drive.<\/li>\n\n\n\n
      • Industrial Demand:<\/strong> High-grade logistics assets along Polk County’s I-4 corridor continue to draw strong institutional investor interest due to low regional vacancy and creditworthy, single-tenant net leases.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

        Here is a breakdown of the transaction details and context around the property: Transaction Overview Tenant & Operations Strategic Location & Market Impact<\/p>\n","protected":false},"author":2,"featured_media":74908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":true,"token":"eyJpbWciOiJodHRwczpcL1wvaTAud3AuY29tXC9sYWtlbGFuZGdhemV0dGUuaW5mb1wvbmV3c1wvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNlwvMDdcL1NjcmVlbnNob3QtMjAyNi0wNy0yOFQyMzE1NTEuMjY3LndlYnA_Zml0PTYwMSUyQzM2MSZzc2w9MSIsInR4dCI6Ikxha2VsYW5kIGRpc3RyaWJ1dGlvbiBjZW50ZXIgaG91c2luZyBQZXBzaUNvJiM4MjE3O3MgR2F0b3JhZGUgb3BlcmF0aW9ucyBzZWxscyBmb3IgJDYxLjVNIiwidGVtcGxhdGUiOiJkb2lzIiwiZm9udCI6IiIsImJsb2dfaWQiOjE2MzA0MDY2MX0.lFpjVr2TFQCbWGH_AUPgnPmKoCR9nFFhe4Nkkfp_V-IMQ"},"version":2,"media_source":"sig","attached_media":[{"id":0,"url":"https:\/\/jetpack.com\/redirect\/?source=sigenerate&query=t%3DeyJpbWciOiJodHRwczpcL1wvbGFrZWxhbmRnYXpldHRlLmluZm9cL25ld3NcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzA3XC9TY3JlZW5zaG90LTIwMjYtMDctMjhUMjMxNTUxLjI2Ny53ZWJwIiwidHh0IjoiTGFrZWxhbmQgZGlzdHJpYnV0aW9uIGNlbnRlciBob3VzaW5nIFBlcHNpQ28ncyBHYXRvcmFkZSBvcGVyYXRpb25zIHNlbGxzIGZvciAkNjEuNU0iLCJ0ZW1wbGF0ZSI6ImRvaXMiLCJmb250IjoiIiwiYmxvZ19pZCI6MTYzMDQwNjYxfQ.eKc6R0CCoZYqRh7Pamu0DWX3sqZngg4uVj25M4RUyBMMQ","type":"image\/jpeg"}]},"_wpas_customize_per_network":false},"categories":[12,14],"tags":[237,15318,15314,15317,15315,15319,15316],"class_list":["post-74906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","category-news","tag-lakeland","tag-centerstate-logistics-center","tag-commercial-real-estate","tag-gatorade","tag-industrial-warehouse","tag-logistics-hub","tag-pepsico"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/74906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=74906"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/74906\/revisions"}],"predecessor-version":[{"id":74909,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/74906\/revisions\/74909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/74908"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=74906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=74906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=74906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}