Southeast Commercial Real Estate News

Amazon to expand air cargo hub at Lakeland airport - Tampa Bay Business Journal (bizjournals.com)   E-commerce giant Amazon will more than double its footprint at Lakeland Linder International Airport — representing a nine-figure investment. Seattle-based Amazon (NASDAQ: AMZN), which opened its  $100 million air cargo hub at the Lakeland airport  in 2020, is expanding its operations on 63 acres of land in the northwest quadrant of the airport, west of the existing hub, according to a draft environmental assessment notice for Phase 2 of the facility filed with the Federal Aviation Administration.  A large project component entails adding 464,000 square feet to the 223,000-square-foot cargo processing building used for sorting and offices. It would add sorting, processing, logistical and technological features. Amazon Air's air cargo hub at the Lakeland airport is considered Amazon's largest facility in the Southeast. The company planned a future expansion when the gro...

  Tampa-based logistics firm Quality Distribution Inc. plans to sell its Quality Carriers business to CSX Corp. — which will allow CSX to offer not only rail but also trucking transportation services. The new definitive agreement, which is expected to close in the third quarter of this year, will allow customers to have a wider range of shipping options, utilizing a combination of rail and trucking transportation networks, according to a release. Quality Distribution to sell trucking network subsidiary to CSX - Tampa Bay Business Journal (bizjournals.com)

TAMPA - The state Department of Transportation said $2 billion in extra funding from the Legislature could allow safety improvements to the downtown Tampa interchange of Interstate 275 and I-4 to begin next year. Wednesday, the county’s Transportation Planning Organization agreed to earmark $2.55 million to buy six residences and a vacant lot to provide the required right of way for the work to proceed on the interchange known commonly as Malfunction Junction.