TAMPA, Fla. – NAI Realvest recently negotiated a 15-year ground lease agreement for a 21,422 square foot retail parcel located at 1911 E. Fowler Ave. in Tampa.
Kim Manson, director of retail and investment sales at NAI Realvest and Jeff Tanner, senior VP of investment sales and leasing, brokered the transaction on behalf of Tenant, DB Real Estate Assets, I LLC of Canton, Mass. Linda Snyder, Commercial Agent with RMC Ross Realty represented the Landlord, Miami-based Orion Venture VI, LLC.
The existing retail building will be demolished and the tenant will soon construct a new Dunkin Donuts on the site.
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About NAI Realvest
NAI Realvest, covering all of central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.