PALMETTO, FL (May 10, 2017) – Port Plaza Management LLC has purchased an industrial investment property at Port Manatee in Palmetto, FL for $2,900,000. Port Plaza Management LLC will continue to use the property as port warehouse. Terry Eastman, a commercial sales associate with Coldwell Banker Commercial NRT and Janet Robinson CCIM, Commercial Director of the Tampa Bay Region in Sarasota worked with the seller in the transaction.
“This was a fantastic opportunity to represent the seller on this unique property as it is the largest privately owned warehouse facility at the entrance to a Federal Port in Florida,” said Eastman. “Also, this facility is the closest privately owned U.S. warehouse facility to the Panama Canal and Cuba’s cargo seaport at Mariel. A recent newspaper article on Florida Ports projects cargo volume through Port Manatee will more than double over the next 10 years.”
Coldwell Banker Commercial NRT is one of the leading commercial brokerages in Florida with more than 135 commercial sales associates and 64 offices involved in commercial transactions. Nationwide, Coldwell Banker Commercial NRT is the 12th largest corporate-owned commercial real estate brokerage and the commercial real estate brokerage division of NRT LLC.
Coldwell Banker Commercial NRT operates in 21 states and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally.
For additional information, visit www.cbcworldwide.com. To contact Terry Eastman, please call
(941) 914-2936 and Janet Robinson can be reached at (941) 487-2100.