{"id":1004177746,"date":"2017-05-22T15:28:08","date_gmt":"2017-05-22T23:28:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004177746"},"modified":"2022-12-08T12:06:56","modified_gmt":"2022-12-08T20:06:56","slug":"jll-closes-tampa-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-closes-tampa-industrial-sale\/","title":{"rendered":"JLL Closes Tampa Industrial Sale"},"content":{"rendered":"<p><em>By Robert Demeter<\/em><\/p>\n<div id=\"attachment_1004177751\" style=\"width: 270px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004177751\" data-attachment-id=\"1004177751\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jll-closes-tampa-industrial-sale\/ryan-vaught-headshot\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg\" data-orig-size=\"623,930\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&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=\"Ryan Vaught, JLL,\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Ryan Vaught, JLL,&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg?w=623\" class=\"wp-image-1004177751 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg\" alt=\"Ryan Vaught, associate, JLL\" width=\"260\" height=\"388\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg 623w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Ryan-Vaught-headshot.jpg?resize=201,300 201w\" sizes=\"auto, (max-width: 260px) 100vw, 260px\" \/><\/a><p id=\"caption-attachment-1004177751\" class=\"wp-caption-text\">Ryan Vaught, associate, JLL<\/p><\/div>\n<p>JLL has closed the sale of 3850 Old Tampa Highway, an 119,257-square-foot industrial facility located near Tampa, in Lakeland, Fla. Graham Commercial Properties purchased the state-of-the-art, cross-dock facility for $7.7 million.<\/p>\n<p>The sale comes just after JLL leased space at the facility to\u00a0CHEP USA for the company\u2019s new regional distribution center. The lease brought the property to 100 percent occupancy.<\/p>\n<p>JLL Associate Ryan Vaught represented the property\u2019s previous owner, Brian Pearlman, in both the sale and lease negotiations.<\/p>\n<p><em>\u201c3850 Old Tampa Highway offers functionality that cannot be found anywhere else in Central Florida,\u201d<\/em> Vaught said in a prepared statement<em>. \u201cThe fact that the cross-dock warehouse sits on 20 acres of land and is located a stone&#8217;s throw away from <a href=\"https:\/\/www.commercialsearch.com\/news\/duke-realtys-master-planned-industrial-park-breaks-ground\/\">major distributors<\/a> such as Publix Super Markets, were the driving factors that motivated CHEP to move into the facility and for the new ownership to invest in the property.\u201d<\/em><\/p>\n<p>The property is located in close proximity to Interstate 4 and State Road 417. In addition to\u00a0Publix Super Markets, neighboring distribution facilities include Rooms to Go, Amazon, Advance Auto Parts and Southern Wine &amp; Spirits.<\/p>\n<p>3850 Old Tampa Highway offers 2.1-plus acres of dedicated trailer storage, oversized truck courts, 1200 amps of power, 30 foot clear height, 20 dock-high doors, ESFR sprinkler system with oversized pump and one 18-foot-wide ramp with an oversized loading door.<\/p>\n<p><em>Photo courtesy of JLL<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sale comes just after a lease JLL secured at the property brought the state-of-the-art, cross-dock facility to full occupancy.<\/p>\n","protected":false},"author":49,"featured_media":1004177751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1612],"tags":[33254,32796,33964],"class_list":["post-1004177746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-tampa","tag-amazon-com-inc","tag-jll","tag-publix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. 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