{"id":1004144636,"date":"2016-05-24T02:32:25","date_gmt":"2016-05-24T10:32:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144636"},"modified":"2020-04-08T02:26:43","modified_gmt":"2020-04-08T10:26:43","slug":"ngkf-lists-400-acre-industrial-park-secures-hq-for-sypris-electronics-in-tampa-bay","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ngkf-lists-400-acre-industrial-park-secures-hq-for-sypris-electronics-in-tampa-bay\/","title":{"rendered":"NGKF Lists 400-Acre Industrial Park, Secures HQ for Sypris Electronics in Tampa Bay"},"content":{"rendered":"<p><em>By Robert Demeter<\/em><\/p>\n<div id=\"attachment_1004144639\" style=\"width: 197px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144639\" data-attachment-id=\"1004144639\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ngkf-lists-400-acre-industrial-park-secures-hq-for-sypris-electronics-in-tampa-bay\/capture-27\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg\" data-orig-size=\"597,722\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Robert Demeter&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1464026916&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Aerial View of U.S. 41 Industrial Park\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Aerial View of U.S. 41 Industrial Park&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg?w=597\" class=\"wp-image-1004144639\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg\" alt=\"Aerial View of U.S. 41 Industrial Park\" width=\"187\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg 597w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Capture1.jpg?resize=248,300 248w\" sizes=\"auto, (max-width: 187px) 100vw, 187px\" \/><\/a><p id=\"caption-attachment-1004144639\" class=\"wp-caption-text\"><em>Aerial View of U.S. 41 Industrial Park Site Plan<\/em><\/p><\/div>\n<p><strong>Tampa<\/strong>\u2013<a href=\"https:\/\/www.ngkf.com\/\" target=\"_blank\" rel=\"nofollow\">Newmark Grubb Knight Frank<\/a> recently listed the 400-acre U.S. 41 Industrial Park, and handled lease negotiation for the new 49,386-square-foot North American headquarters of high-tech manufacturer <a href=\"https:\/\/www.sypriselectronics.com\/\" target=\"_blank\" rel=\"nofollow\">Sypris Electronics<\/a>, both located in <a href=\"https:\/\/www.commercialsearch.com\/news\/tampa\/\" target=\"_blank\">Tampa Bay<\/a>.<\/p>\n<p>Rick Narkiewicz, NGKF senior managing director, is the listing broker for the industrial park located in Hillsborough County. The rail-served property features a 48-inch Natural Gas pipeline, immediate access to the Port of Manatee, heavy industrial zoning, master water retention and nearly an unlimited amount of electric service available via Florida Power and Light.<\/p>\n<p>\u201cThis is an exceptionally unique property to go on the market given its enviable location,\u201d Narkiewicz said in prepared remarks. &#8220;The property is ideally located, benefiting from easy access to the I-75 and Big Bend interchange, its proximity to Port Redwing and is bounded on the east by the CSX Railroad, which can accommodate a spur into the site.\u201d<\/p>\n<p>In the long-term lease negotiations for its corporate headquarters and manufacturing facility, John Esposito, a senior managing director at NGKF, represented the global integrated systems solution provider, Sypris Electronics LLC. Sypris is known for its leadership in cryptography, key management, identity authentication and access management, as well as cyber security operations worldwide.<\/p>\n<p>The lease NGKF structured will generate extensive savings through the tenant \u201cright sizing\u201d together with an aggressive economic package. The impending relocation will allow Sypris to increase efficiency and lower operating costs, while taking advantage of an economically beneficial down-sizing of their space. The new HQ is located in Tampa at 10901 N. McKinley Dr.<\/p>\n<p>\u201cIt was an honor to have worked on this substantial transaction and to have one of the area\u2019s premier technology companies remain in Tampa Bay,\u201d added Esposito. \u201cThe surrounding counties were aggressively pursuing Sypris\u2019 relocation via incentive packages.\u201d<\/p>\n<p>NGKF has been recently hired to <a href=\"https:\/\/www.commercialsearch.com\/news\/ngkf-leases-1-6msf-industrial-business-park-in-miami-metro\/\" target=\"_blank\">market and lease<\/a> Turnpike1 Business Park, a planned 1.6 million-square-foot project located in Southwest Miami-Dade, in Homestead, Fla.<\/p>\n<p><em>Image courtesy of\u00a0<a href=\"https:\/\/schafer-dev.com\/\" target=\"_blank\" rel=\"nofollow\">schafer-dev.com<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The impending relocation of Sypris Electronics will allow the company to increase efficiency and lower operating costs.<\/p>\n","protected":false},"author":59,"featured_media":1004144639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21748,21742,21747,1612],"tags":[],"class_list":["post-1004144636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-industrial","category-latest","category-office","category-tampa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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