TAMPA, Fla. - Grubb & Ellis Commercial Florida, associated with 200 Grubb & Ellis offices worldwide, recently negotiated a long-term lease of a 50,000 square foot industrial facility at 4920 S. Frontage Rd. in Lakeland.
Jan Boltres, CCIM and Mike Scott, principals and senior vice presidents at Grubb & Ellis Commercial Florida, negotiated the lease agreement representing the landlord, RS Land Development, Inc., based in Rancho Santa Fe, Calif.
The new tenant is Lakeland-based RINCAT, LLC.
About Grubb & Ellis Commercial Florida
Grubb & Ellis Commercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & Ellis Commercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of March 31, 2008, more than $3.4 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 218 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft
Contacts:
Jan Boltres, CCIM,Grubb & Ellis Commercial Florida - 813-639-1111 ext 270
Michael Scott, Grubb & Ellis Commercial Florida - 813-639-1111 ext 275
Larry Vershel Communications, 407-644-4142
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