The Geneva Group Expands Its Tampa/Lakeland Holdings With the Purchase of Heritage Business Park Located in Lakeland FL
South Florida Commercial Real Estate Firm Continues to Scale its Investments Throughout the Sunshine State
LAKELAND, Fla., July 25, 2019 (Newswire.com) - The Geneva Group, a leading real estate investment acquisitions and development firm, announces the acquisition of Heritage Business Park. A 137,500SF institutional grade small bay Flex industrial complex with nationally recognized tenants such as Safelight AutoGlass, Conduent Healthcare and a division of Berkshire Hathaway home building company. The Deerfield Beach based investment group continues to demonstrate their real estate savvy by finding deals that never hit the market.
Heritage Business Park comes with 3 additional acres to build another 65,000SF of small bay product and with extremely tight vacancy in the market, it will be their intent to build economies of scale for this complex and the overall market.
“With over 400,000 SF of office and industrial in Tampa and Lakeland, we continue to expand our holdings in markets that are geographically positioned to serve the entire state,” said Jarred Elmar, Managing Partner of The Geneva Group. The Geneva Group has a proven track record for seeing around corners and finding value-add elements in assets that are overlooked by the most sophisticated of investment groups.
The Geneva Group currently owns the 6 story Citizens Bank & Trust Building located in Downtown Lakeland as well as Executive Industrial Park in the Tampa Airport/Westshore market and will continue to build their presence in these areas for years to come. To learn more about The Geneva Group and investment opportunities, please visit https://www.genevagp.com.
The Geneva Group
2150 SW 10th St., Suite B
Deerfield Beach, FL 33442
T - 800-815-0078
E - info@genevagp.com
About The Geneva Group:
The Geneva Group is a leading real estate acquisitions and development firm specializing in acquiring and managing commercial properties for their own portfolio.
The Geneva Group specializes in value-add and opportunistic strategies in U.S. Real Estate with a current focus on industrial, retail and office. Our mission is to deliver investment opportunities that provide strong, stable current returns while generating long-term capital appreciation.
Source: The Geneva Group
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