Baltimore firm buys Lakeland shopping center for $78 million

A Baltimore real estate investment firm bought the open air center in Polk County whose tenant roster includes Kohl's, Books-A-Million and Burger 21.

By Louis Llovio
| 5:20 p.m. July 5, 2023
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A Baltimore real estate investment firm bought Lakeside Village in Polk County.

Tampa Bay-Lakeland

The Lakeside Village shopping center in Lakeland has sold for $77.93 million to a Baltimore real estate investment firm.

Continental Realty Corp. bought the open air lifestyle center in Polk County late last month.

A sales price was not disclosed in a statement from real estate firm JLL announcing the deal, but according to Polk County court records, CRC, as the company is known, bought three parcels that make up Lakeside Village in separate transactions. One was for $63.26; one for $8.66 million; and one for $6.07 million. JLL represented the seller.