Scott Clendening of Commercial Partners Realty represented Modern Silicone Technologies in the sale of their 46,000 SF former manufacturing plant, located at 5777 Myerlake Circle in Clearwater. The facility was purchased by Core Rx, a pharmaceutical research and development company, for $2,500,000. The facility will allow Core Rx to expand their current operations and add approximately 25 additional employees.
Modern Silicone Technologies is consolidating their Clearwater, West Virginia and Chicago facilities into a “state of the art” injection molding and design plant in a 123,000 SF tilt-wall manufacturing facility, which they recently purchased with the aid of Mr. Clendening. The merging of these operations and expansion is expected to bring even more jobs to the Tampa Bay area.
Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than one hundred million dollars of real estate.