{"id":3026,"date":"2024-04-15T06:13:57","date_gmt":"2024-04-15T06:13:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=3026"},"modified":"2024-04-16T04:25:57","modified_gmt":"2024-04-16T04:25:57","slug":"clarion-partners-tampa-bay-with-49m-industrial-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/clarion-partners-tampa-bay-with-49m-industrial-acquisition\/","title":{"rendered":"Clarion Bolsters Tampa Bay Footprint with $49M Industrial Acquisition"},"content":{"rendered":"

New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center \u2014 a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport \u2014 for $49 million (roughly $200 per square foot). Located at the intersection of Knox Street and Hoover Boulevard, this acquisition strengthens Clarion\u2019s foothold in the Tampa Bay area following its purchase of two neighboring properties in late 2023.<\/p>\n

Developed by Scannell Properties and completed in August 2023, the TIA Logistics Center boasts 64 dock-high doors; ample parking; and is already fully leased to Fanatics, a major online sports apparel retailer. The location just north of Tampa International Airport\u2019s air cargo entrance provides convenient access for logistics operations. Plus, the surrounding area offers a wealth of amenities within a 10-mile radius, including hotels, restaurants and shopping malls.<\/p>\n

With the TIA Logistics Center addition, Clarion expands its presence in the Tampa Bay industrial market.<\/a> Additionally, in February, it collaborated with Seefried Industrial Properties to initiate construction on the first phase of Park 4 Logistics Center \u2014 an 860,120-square-foot, Class A logistics park with four buildings located east of Tampa in Plant City, Fla.<\/p>\n

While its recent Tampa Bay acquisition showcases its buying power, other nationwide transactions position Clarion Partners as sellers, as well. For instance, it recently divested two California properties \u2014 a 333,000-square-foot industrial facility in Hayward for $75 million, as well as a 258,500-square-foot property in Westminster for $64 million.<\/p>\n

In the market for industrial space for lease? Start your search with <\/em>CommercialSearch<\/em><\/a> by either filtering for your desired location, price range, and amenities on our homepage or by checking out what some of the other major industrial markets in the U.S have to offer:\u00a0<\/em><\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t
Industrial properties in Dallas<\/a><\/td>Industrial properties in Columbus<\/a><\/td>Industrial properties in Nashville<\/a><\/td>\n<\/tr>\n
Industrial properties in Phoenix<\/a><\/td>Industrial properties in Denver<\/a><\/td>Industrial properties in Baltimore City<\/a><\/td>\n<\/tr>\n
Industrial properties in Chicago<\/a><\/td>Industrial properties in Seattle<\/a><\/td>Industrial properties in Los Angeles<\/a><\/td>\n<\/tr>\n
Industrial properties in Houston<\/a><\/td>Industrial properties in Atlanta<\/a><\/td>Industrial properties in Cleveland<\/a><\/td>\n<\/tr>\n
Industrial properties in Philadelphia<\/a><\/td>Industrial properties in Cincinnati<\/a><\/td>Industrial properties in Portland<\/a><\/td>\n<\/tr>\n
Industrial properties in Indianapolis<\/a><\/td>Industrial properties in Boston<\/a><\/td>Industrial properties in Charlotte<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center \u2014 a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport \u2014 for $49 million (roughly $200 per square foot). Located at the intersection of Knox Street and Hoover Boulevard, this acquisition strengthens Clarion\u2019s foothold in the Tampa Bay area following its purchase of two neighboring properties in late 2023. Developed by Scannell Properties and completed in August 2023, the TIA Logistics Center boasts 64 dock-high doors; ample parking; and is already fully leased to Fanatics, a major online sports apparel retailer. The location just north…<\/p>\n","protected":false},"author":3163,"featured_media":171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,2],"tags":[],"class_list":["post-3026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-industrial-real-estate-news"],"acf":[],"yoast_head":"\nTampa Bay Industrial Property Acquired by Clarion Partners<\/title>\n<meta name=\"description\" content=\"Clarion Partners expands their Tampa Bay footprint with a $49 million acquisition of a newly built, fully leased industrial property.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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