Blog Archives

Lakeland’s Industrial Market Red-Hot Amid Rising Construction Starts, IKEA Distribution Center

In early 2018, a joint venture between Blue Steel and PCCP broke ground on Key Logistics Center Building 100 without any tenants in place. Lakeland, Florida’s industrial market is in the midst of a construction boom period, with nearly 3.5 million square feet un Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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Equity Management Partners Buys Tampa Bay Center for $27 Million

Equity Management Partners purchased the Tampa Bay Center, a 142,350-square-foot shopping center in Tampa, Florida, for $ 27 million, or about $ 190 per square foot. The Largo, Florida-based investor acquired the shopping center from locally-based equity funds firm Third Lake Capital, which originally acquired the property in 2015, according to CoStar data. Located at […]

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Sears to Sell Three Florida Stores, Distribution Center

The Sears store in Daytona Beach, Florida, is one of three being listed for sale. Sears Holdings is unloading 2.35 million square feet of real estate across Florida, including the state’s largest industrial building, as the struggling national retail stalwart shrinks its brick-and-mortar footprint, shores up capital and focuses on online sales. Avison Young said […]

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Sprouts-Anchored Retail Center in South Tampa Trades for $18 Million

Newport Beach, California-based investor United American Properties purchased a Sprouts Farmers Market-anchored retail center in south Tampa, Florida from locally-based Wagner Property Group for $ 18 million, or about $ 496 per square foot. The retail center, dubbed The Plaza at Estrella, was recently built in 2017 at 1523-1531 S. Dale Mabry Highway, located about […]

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Webstaurant Leases 11,000 SF at Woodland Corporate Center in Northwest Tampa

Webstaurant, a restaurant supply store, signed a six-year, 11,452-square-foot office lease within the Woodland Corporate Center in Tampa, FL. Slated to take occupancy this June, the tenant will be joining Women’s Care of Florida in Building J, which was built in 1998 and totals 30,850 square feet. Building J is one of 24 buildings located […]

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