{"id":1004201582,"date":"2017-12-21T07:30:32","date_gmt":"2017-12-21T15:30:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004201582"},"modified":"2022-12-08T04:16:00","modified_gmt":"2022-12-08T12:16:00","slug":"tampa-area-industrial-asset-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tampa-area-industrial-asset-changes-hands\/","title":{"rendered":"Tampa-Area Industrial Asset Changes Hands"},"content":{"rendered":"

By Alex Ciorogar<\/p>\n

\"Compark<\/a>

Compark 75 in Wesley Chapel, Fla.<\/p><\/div>\n

MDH Atlantic Acquisitions LLC\u2014an Atlanta-based real estate investment company with a portfolio of over 11 million square feet of assets throughout the Southeast\u2014bought Compark 75 near Tampa, a Class A commerce park with five small-bay, light industrial buildings comprising 285,615 square feet.<\/p>\n

Located at 4427-4614 Pet Lane in Wesley Chapel, a fast-growing suburban area approximately 20 miles north of Tampa, the property is the only Class A industrial facility that serves the Northeast Tampa Bay area, which includes north Hillsborough and south Pasco counties.\u00a0The site provides convenient access to Interstate 75.<\/p>\n

Cushman & Wakefield\u2019s Capital Markets team composed of Executive Director Rick Brugge, Vice Chairman Mike Davis and Executive Chairman Michael Lerner, represented seller HR Pasco LLP, a private partnership.<\/p>\n

Prime asset<\/h2>\n

Built between 2007 and 2016, the property was 91 percent occupied at time of sale, with 25,800 square feet of space available for lease. Current tenants include the U.S. General Services Administration, Ortho Technology, Morgan Auto Group and Streetside Classics. Suites range from 3,300 to 41,017 square feet, providing tenants flexibility to grow.<\/p>\n

Features include:<\/p>\n