January 23, 2020 Comments Off on JV Snags 492K-SF Tri-County Business Park in Tampa Views: 468 Central Florida, Florida News, Top Florida

JV Snags 492K-SF Tri-County Business Park in Tampa

Order Reprints...

A joint venture between South Florida-based companies Biscayne Atlantic and Genet Property Group have acquired Tri-County Business Park, a 492,235-square-foot office complex in Tampa. The sales price was not disclosed.

Located at 13300 McCormick Dr. in Tampa’s Westside industrial submarket, the property consists of 14 light industrial buildings and was approximately 80% occupied at the time of sale. The buildings offer varying clear heights with grade-level and dock-high loading, and bay sizes range from 1,000 to 25,000 square feet.

Jason Hochman and Michael Ciadella of Cushman & Wakefield secured a $30 million, fixed-rate acquisition loan from Bank United on behalf of the joint venture. The seller was BAR JCR Tampa Flex Owner LLC.

Connect With CushWake’s Hochman

Connect With Biscayne Atlantic

Connect South Florida is coming to Key Biscayne on Feb. 26, 2020. For more information, or to register, click here.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen

Tags: ,

Comments are closed.

Send this to a friend