July 15, 2019 Comments Off on Tampa Distribution Center Trades for $69M Views: 570 Central Florida, Florida News, Top Florida

Tampa Distribution Center Trades for $69M

Link Industrial Properties, Blackstone’s U.S. industrial real estate operating platform, acquired the Tampa Distribution Center, a six-building, 955,000-square-foot industrial facility in Tampa’s Eastside submarket.

Located at 1212 N. 50th St., the property consists of six dock-high, front-load and flow-through industrial buildings on more than 51 acres of land. Suite sizes range from 2,500 to 90,000 square feet. The campus is currently 94% leased to a tenant roster that includes Lansing Building Products, Consolidated Container Company, Feeding America Tampa Bay, Courier Express, General Insulation Company Inc. and Storopack Inc.

Mike Davis, Rick Brugge and Rick Colon of Cushman & Wakefield represented the seller, High Street Realty Co., in the transaction. A Cushman & Wakefield team of Julia Silva and Jessica Mizrahi has been retained to lease the property.

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