July 15, 2020
Commercial Partners Realty has arranged the sale-leaseback of a 94,000-square-foot industrial facility in Tampa’s Pinellas Park submarket. The sales price was $6 million.
Located at 7301 114th Ave., the five-acre property is 20 miles west of downtown Tampa. The seller and tenant, Nautical Structures, specializes in manufacturing, designing, distributing and engineering yachting equipment.
Scott Clendening of Commercial Partners Realty represented Nautical Structures in the transaction. The buyer was Woodhill Real Estate LLC.
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