{"id":1004127812,"date":"2015-09-21T02:46:14","date_gmt":"2015-09-21T10:46:14","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=361119"},"modified":"2022-03-03T23:46:12","modified_gmt":"2022-03-04T07:46:12","slug":"cbre-selected-to-manage-large-industrial-portfolio-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-selected-to-manage-large-industrial-portfolio-2\/","title":{"rendered":"CBRE Selected to Manage Large Industrial Portfolio"},"content":{"rendered":"
\"WestBay<\/a><\/p>\n

WestBay Corporate Center<\/p>\n<\/div>\n

Oakland, Calif.-based Evergreen Industrial Properties<\/a> paid $103 million for an approximately 1.7 million-square-foot industrial portfolio in St. Petersburg from Fleeman Family Trust in August, as previously reported by Commercial property Executive<\/a>.<\/p>\n

The transaction marked the largest industrial trade in volume and price in the Pinellas, Tampa and Lakeland markets in the past six quarters, and included a total of 34, predominantly Class A industrial buildings.<\/p>\n

One month after closing the deal, the new owner assigned the portfolio\u2019s property management duties to CBRE<\/a>.<\/p>\n

Located in the Gateway and South Pinellas submarkets of the Tampa\/St. Petersburg area, the portfolio includes five properties (Gateway Business Center, Gateway Business Park, Metropointe Commerce Park, Westbay Corporate Center and Joe\u2019s Creek Industrial Park), with a total of 34 buildings. Its tenants include FedEx, Lockheed Martin, Jabil, L-3 Communications, MTS Systems, Worldpac, Digital Lightwave and Jagged Peak.<\/p>\n

CBRE\u2019s Debra Harrington will oversee the portfolio as General Manager on behalf of Evergreen.<\/p>\n

Photo via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

One month after acquiring a 1.7 million-square-foot industrial portfolio in St. Petersburg, the new owner assigned the portfolio’s property management duties to CBRE.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004127812","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nCBRE Selected to Manage Large Industrial Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbre-selected-to-manage-large-industrial-portfolio-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Selected to Manage Large Industrial Portfolio\" \/>\n<meta property=\"og:description\" content=\"One month after acquiring a 1.7 million-square-foot industrial portfolio in St. Petersburg, the new owner assigned the portfolio’s property management duties to CBRE.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-selected-to-manage-large-industrial-portfolio-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-21T10:46:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T07:46:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/WestBay-Corporate-Center.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"CBRE Selected to Manage Large Industrial Portfolio\",\"datePublished\":\"2015-09-21T10:46:14+00:00\",\"dateModified\":\"2022-03-04T07:46:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/\"},\"wordCount\":170,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/WestBay-Corporate-Center.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-selected-to-manage-large-industrial-portfolio-2\\\/\",\"name\":\"CBRE Selected to Manage Large Industrial Portfolio - 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