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Realized · Industrial / Flex

Heritage Business Center

Lakeland, FL

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Heritage Business Center
Asset Class
Industrial / Flex
Market
Lakeland, FL
Total SF
137,500
Acquired
7/2019
Sold
12/2021
Purchase Price
$12,000,000
Sale Price
$18,300,000
Net LP IRR
25.5%

Heritage Business Center is a 137,500 SF class A, small bay flex/industrial complex located in the heart of Lakeland, Florida. The property was developed in 2006-2007 with modern construction and design.

Figures per Geneva Performance Overview, September 2026. Net LP IRR is deal-level and net to limited partners.

Past performance is not indicative of future results. This is neither an offer to sell nor a solicitation of any offer to buy any securities. Unless otherwise indicated herein, all information is current as of the date specified. Investing in the Fund contains risks, including the risk of loss of your entire investment. The Fund may not be suitable for all investors, and an investor should contact pertinent tax, legal, and financial advisors prior to investing in the Fund. Geneva Income Opportunity Fund I LP does not own the properties presented on this website.