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Geneva Grp Buys Citizen Bank & Trust Plaza in Lakeland

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The Geneva Group purchased the Citizen Bank & Trust Plaza office building at 402 S. Kentucky Ave. in Lakeland, FL from a private investor for $ 7.2 million, or about $ 101 per square foot. The six-story building totals 71,190 square feet on 1.3 acres. The asset delivered to the Polk County submarket in 1975 and was 89 percent occupied at the time of sale. Tim Callahan and David Duckworth of Avison Young represented the seller. The buyer handled…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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