Deron Thomas, SIOR, CCIM President, owner, and broker of Industrial Realty Solutions Inc. and Tyler Thomas, JD, facilitated the following recent industrial real estate transactions:
SALES:
Sale of a 32,390 square foot industrial facility located at 13200 Belcher Road, Largo, FL 33777 which sold for $1,085,000. The buyer was 13200 Belcher LLC; the seller was Arthur J. Jay.
2. Sale of a 8,800 square foot industrial facility located at 303 Mears, Oldsmar, FL 34677 which sold for $550,000. The buyer was Bekhor Properties LLC; the seller was Banco Popular North America.
3. Sale of a 21,400 square foot industrial facility located at 4705 95th Street, St. Petersburg, FL 33708 which sold for $725,000. The buyer was Silvernail Glass & Mirror; the seller was Mark E. Swanson LLC.
4. Sale of a 3.27 acre industrial site located at Ulmerton Road, Largo, FL 33771 which sold for $1,213,136. The buyer was Phillips Ulmerton Storage, LLC; the seller was Ulmerton Acquisitions, LLC.
5. Sale of a 9,760 square foot industrial facility located at 1040 Harbor Lake Drive, Safety Harbor, FL, 34695 which sold for $550,000. The buyer was Waterford Publishing Group, LLC; the seller was Michael and Cynthia McCarthy.Sale of a 3.13 acre industrial site located on Vollmer Avenue, Oldsmar, FL 34677 which sold for $750,000. The buyer was Larry Dimmit Cadillac, Inc; the seller was Muraco & Mullan Properties, Inc.
6. Sale of a 3.13 acre industrial site located on Vollmer Avenue, Oldsmar, FL 34677 which sold for $750,000. The buyer was Larry Dimmit Cadillac, Inc; the seller was Muraco & Mullan Properties, Inc.
LEASES:
1. Lease of a 10,000 square foot industrial facility located at 12401 Belcher Road, Suite 400, Largo, FL 33773. The tenant was Admiral Metals; the landlord was Schepker Enterprises.
2. Lease of a 5,854 square foot industrial facility located at 2188 Palm Way, Largo, FL 33771. The tenant was Hydro Group Systems, Inc.; the landlord was Precise Standard, Inc.
3. Lease of a 8,835 square foot industrial facility located at 1200 Starkey Road, Suite 110, Largo, FL 33771. The tenant was Clear Choice Windows and More; the landlord was Saja Realty.
Deron Thomas, SIOR, CCIM, President of Industrial Realty Solutions, Inc. stated “the Pinellas County industrial market is as active as it was prior to the ‘Great Recession’ as the demand for the industrial buildings continues to increase. We are also seeing increased interest in vacant industrial land for ‘build to suits’ as the pool of existing, available buildings continues to shrink and prices and rental rates continue to increase.”
Industrial Realty Solutions is a 19 year old company that specializes in the sale and leasing of warehouse, manufacturing, office/warehouse, office/showroom, flex and industrial investment properties in the Tampa Bay region with a geographical emphasis in Pinellas County, Florida. If you are interested in discussing the value of your building or currently available industrial properties with a broker that specializes strictly in industrial properties, please contact: