{"id":86682,"date":"2026-10-31T18:38:32","date_gmt":"2026-10-31T22:38:32","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=86682"},"modified":"2026-10-31T18:38:39","modified_gmt":"2026-10-31T22:38:39","slug":"sherwin-williams-distribution-center-in-polk-county-sells-for-over-130m-in-massive-deal","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2026\/10\/31\/sherwin-williams-distribution-center-in-polk-county-sells-for-over-130m-in-massive-deal\/","title":{"rendered":"Sherwin-Williams Distribution Center in Polk County Sells for Over $130M in Massive Deal"},"content":{"rendered":"
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\"\"<\/figure>\n<\/div>\n\n\n

The Sherwin-Williams distribution center<\/strong> in Winter Haven, Florida, sold for $131 million to $133 million<\/strong>.<\/sup><\/p>\n\n\n\n

Key Details of the Transaction<\/h3>\n\n\n\n
    \n
  • Property Specs:<\/strong> A 685,000-square-foot industrial distribution campus on nearly 40 acres located near U.S. 27 (at 400 Bert Schulz Blvd. \/ Winter Haven Blvd.) in Winter Haven.<\/li>\n\n\n\n
  • History & Recent Expansion:<\/strong> Originally built in 1992, the complex underwent a major expansion that added new building space and office facilities to increase operational capacity.<\/li>\n\n\n\n
  • Lease Structure:<\/strong> Sherwin-Williams utilizes the facility to store and distribute paint and related products under a corporate-guaranteed, triple-net (NNN) lease that was recently updated with a long-term extension.<\/li>\n\n\n\n
  • Parties & Financing:<\/strong> SRS Real Estate Partners brokered the transaction. The seller was a New Jersey entity (represented by John Redfield), while the buyer was described as an East Coast private family-owned diversified firm completing a 1031 exchange strategy (represented by Matthew Mousavi and Patrick Luther). The transaction involved a highly structured debt strategy including a loan assumption and a zero-cash-flow paydown setup.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

    The Sherwin-Williams distribution center in Winter Haven, Florida, sold for $131 million to $133 million. Key Details of the Transaction<\/p>\n","protected":false},"author":2,"featured_media":86683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"","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":"eyJpbWciOiJodHRwczpcL1wvbGFrZWxhbmRnYXpldHRlLmluZm9cL25ld3NcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzEwXC9zaGVyd2luLXdpbGxpYW1zLXdpbnRlci1oYXZlbi53ZWJwIiwidHh0IjoiU2hlcndpbi1XaWxsaWFtcyBEaXN0cmlidXRpb24gQ2VudGVyIGluIFBvbGsgQ291bnR5IFNlbGxzIGZvciBPdmVyICQxMzBNIGluIE1hc3NpdmUgRGVhbCIsInRlbXBsYXRlIjoiZG9pcyIsImZvbnQiOiIiLCJibG9nX2lkIjoxNjMwNDA2NjF9.Le7A5OmLUFgvLc_UguacjhN8GimuVp7pH4ijw4jOzLUMQ"},"version":2,"media_source":"sig","attached_media":[{"id":0,"url":"https:\/\/jetpack.com\/redirect\/?source=sigenerate&query=t%3DeyJpbWciOiJodHRwczpcL1wvbGFrZWxhbmRnYXpldHRlLmluZm9cL25ld3NcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzEwXC9zaGVyd2luLXdpbGxpYW1zLXdpbnRlci1oYXZlbi53ZWJwIiwidHh0IjoiU2hlcndpbi1XaWxsaWFtcyBEaXN0cmlidXRpb24gQ2VudGVyIGluIFBvbGsgQ291bnR5IFNlbGxzIGZvciBPdmVyICQxMzBNIGluIE1hc3NpdmUgRGVhbCIsInRlbXBsYXRlIjoiZG9pcyIsImZvbnQiOiIiLCJibG9nX2lkIjoxNjMwNDA2NjF9.Le7A5OmLUFgvLc_UguacjhN8GimuVp7pH4ijw4jOzLUMQ","type":"image\/jpeg"}]},"_wpas_customize_per_network":false},"categories":[14],"tags":[18857,18859,15314,18858,18855,18853,15190],"class_list":["post-86682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1031-exchange","tag-commercial-property","tag-commercial-real-estate","tag-industrial-distribution","tag-real-estate-transaction","tag-sherwin-williams","tag-winter-haven"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/86682","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=86682"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/86682\/revisions"}],"predecessor-version":[{"id":86685,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/86682\/revisions\/86685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/86683"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=86682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=86682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=86682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}