Waste Services of Florida Inc. purchases 41,894-square-foot manufacturing facility in Tampa
TAMPA, Fla. (October 21, 2013) – Waste Services of Florida Inc., a solid waste services company, has purchased a 41,894-square-foot warehouse/manufacturing facility located southeast of Tampa for $2 million, giving the company the flexibility for future growth while expanding its fleet of trucks.
Bruce Vaughan, Managing Director of Industrial Services and James Parker, CCIM, Director of Commercial Services for Colliers International Tampa Bay represented the buyer. Rick Narkiewicz of CBRE represented the seller, Pro-Build Real Estate Holdings, LLC.
Waste Services of Florida provides collection, transfer, landfill disposal, and recycling services for commercial, industrial and residential customers in Central, Southwest and South Florida.
An additional draw to the 20-acre site along Madison Avenue is the availability of natural gas, which will provide Waste Services the flexibility to convert its trucks to use more fuel-efficient, compressed natural gas in the future.
“With construction activity on the rise, building material and construction companies are seeking facilities with additional land for staging and vehicle fleets,” said Vaughan. “At the same time, availability of sites like this one has tightened, leading to more competition among buyers.”
The facility is located at 5135 Madison Avenue in Tampa.
ABOUT COLLIERS INTERNATIONAL
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. For the latest international news from Colliers International, visit colliers.com/us/news, or follow us on Twitter: @ColliersIntl