{"id":1004686673,"date":"2023-10-23T02:16:46","date_gmt":"2023-10-23T10:16:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004686673"},"modified":"2023-10-23T02:16:48","modified_gmt":"2023-10-23T10:16:48","slug":"zenith-ios-to-develop-tampa-bay-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/","title":{"rendered":"Zenith IOS to Develop Tampa Bay Property"},"content":{"rendered":"
\"2118

2118 California Crossing in Dallas, another Zenith IOS property. Image courtesy of Zenith IOS and J.P. Morgan Global Alternatives<\/em><\/p><\/div>\n

Zenith Industrial Outdoor Storage <\/strong>is set to develop an industrial outdoor storage property in Clearwater, Fla. The 20-acre project is expected to come online in the first quarter of next year.<\/p>\n

The Pinellas County site was part of Sunshine Industrial Park, an 83-acre property that Zenith IOS acquired in September of last year for $27.5 million, according to CommercialEdge data. The deal closed through the national IOS platform<\/a> established in partnership with J.P. Morgan Global Alternatives.<\/p>\n

Upon completion, the property will feature automatic gates, advanced lighting, a fenced-in boundary and a stabilized surface solution. Franklin Street <\/strong>will assist with leasing at the storage asset.<\/p>\n

Situated in the Tampa Bay metro, the site is close to Interstate 275 and U.S. Highway 19. St. Pete-Clearwater International Airport is less than 3 miles away. The Bayside and Gandy Bridges are also nearby.<\/p>\n

Zenith\u2019s mega partnership<\/h2>\n

Zenith IOS and J.P. Morgan Global Alternatives created the $700 million IOS platform in early 2022, hoping\u00a0to build a $1 billion portfolio within two years of partnership. The joint venture’s first move was a four-property Dallas acquisition that also included a nearly 27-acre site.<\/p>\n

In an earlier interview with Commercial Property Executive<\/em><\/a>, Daniel Laub, co-founder & COO of Zenith IOS, said the company now owns assets in some 20 markets spanning from California to New York and down from Chicago and Minneapolis to Texas and Florida. In terms of investments, the firm will continue to focus on major metros as well as on \u201cstrategic secondaries\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

Spanning 20 acres, the project is slated for completion in the first quarter of next year. <\/p>\n","protected":false},"author":3006,"featured_media":1004566528,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,32781,1612],"tags":[35012,51564,52038],"class_list":["post-1004686673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-southeast","category-tampa","tag-franklin-street","tag-j-p-morgan-global-alternatives","tag-zenith-ios"],"acf":[],"yoast_head":"\nZenith IOS to Develop Tampa Bay Property - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Spanning 20 acres in the Tampa Bay metro, the project is slated for completion in the first quarter of next year.\" \/>\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\/zenith-ios-to-develop-tampa-bay-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zenith IOS to Develop Tampa Bay Property\" \/>\n<meta property=\"og:description\" content=\"Spanning 20 acres in the Tampa Bay metro, the project is slated for completion in the first quarter of next year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/\" \/>\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=\"2023-10-23T10:16:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-23T10:16:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/02\/2118-California-Crossing-Dallas.-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jordana Rothberg\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/\",\"name\":\"Zenith IOS to Develop Tampa Bay Property - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/02\/2118-California-Crossing-Dallas.-featured.jpg\",\"datePublished\":\"2023-10-23T10:16:46+00:00\",\"dateModified\":\"2023-10-23T10:16:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/366883c93fc1efde412301ab6a4570f9\"},\"description\":\"Spanning 20 acres in the Tampa Bay metro, the project is slated for completion in the first quarter of next year.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/zenith-ios-to-develop-tampa-bay-property\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/02\/2118-California-Crossing-Dallas.-featured.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/02\/2118-California-Crossing-Dallas.-featured.jpg\",\"width\":810,\"height\":606,\"caption\":\"2118 California Crossing, Dallas. 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