The Well-Known Automotive Company Plans to Relocate Its Headquarters to the 91,000±-Square-Foot Facility Near I-4 and Polk Parkway in Lakeland
LAKELAND, FL, Feb. 7, 2018 — The sale of a 91,000±-square-foot industrial building was finalized on Friday, Feb. 2 by Kyle Vreeland and Greg Smith of
SVN | Saunders Ralston Dantzler Realty (SVNSRD). The property was purchased by BMR Suspension, a manufacturer of after-market automotive products.
The facility currently houses Alabama Metal Industries Corporation (AMICO), a manufacturer of industrial flooring and grating. AMICO is a subsidiary of Gibraltar Industries, a producer of building materials with over $1 billion in annual revenues. Gibraltar is leasing back 50,000± square feet from BMR Suspension for AMICO’s continued operations. BMR plans to move its operations from Seffner, Florida to Lakeland and bring along more than 60 employees.
“We were able to put together a great deal for everyone involved including Lakeland,” said Vreeland, who was recently installed as President of Lakeland Realtors.
Vreeland represented AMICO/Gibraltar Industries in the transaction, working closely with Robert Barr of Strategic Advisors, a consulting firm for AMICO/Gibraltar Industries located in Chicago. Smith represented BMR in the transaction and worked with Alan Miller in the site selection process.
“BMR is the premier manufacturer of performance chassis, suspension and drivetrain products in the automotive market so we are happy to see them coming here,” Smith said. “After narrowing the site selections down to two or three options, Lakeland stood out as the optimal location for relocation of their headquarters.”
Vreeland and Smith have been busy of late in the industrial real estate market, selling over 1 million square feet of space between January 2017 and January 2018.
Heather Celoria, Marketing Manager
HCeloria@SREland.com | 863.272.7151
About SVN | Saunders Real Estate
SVN | Saunders Real Estate is regarded as an authority on all types of Florida land and conservation easements, transacting over $2 billion in sales since 1996. Offering land, forestry, and conservation easement real estate services through SVN Saunders Real Estate and the SVN Saunders Real Estate Forestry Group, the Saunders team of land professionals offers advisory and transactional services through their home office in Lakeland, FL, the north Florida office in High Springs, FL, and its network of SVN affiliate offices nationwide and worldwide. We provide services to land and commercial clients through both SVNSRE and our commercial real estate brokerage, SVN | Saunders Ralston Dantzler Realty.
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