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 213,669 square foot industrial complex situated on 30 acres MOL located at 9251 Belcher Road, Pinellas Park, FL 33782 which sold for $10,350,000. The buyer was CMNY Transitions LLC; the seller was Transitions Optical, Inc. Industrial Realty Solutions, in conjunction with Cushman & Wakefield of Florida, represented the seller.
- Sale of a 24,512 square foot industrial facility located at 16333 Bay Vista Drive, Largo, FL 33760 which sold for $1,578,468. The buyer was CFC Properties, LLC; the seller was Jumbo Properties, LLC.
- Sale of a 15,000 square foot industrial facility located at 3670 131st Avenue North, Clearwater, FL 33762 which sold for $725,000. The buyer was PPT Property LLC; the seller was 131st Avenue, LLC.
- Sale of a 8,936 square foot industrial facility located at 10600 Endeavour Way, Pinellas Park, FL 33777 which sold for $565,000. The buyer was 3FDM, Inc.; the seller was Allen F. Gate, Trustee.
- Sale of a 7,633 square foot industrial facility located at 2868 Roosevelt Boulevard, Clearwater, FL 33760 which sold for $365,000. The buyer was Gulf View Cabinets; the seller was 2862 Roosevelt Property Holdings, LLC.
- Sale of a 2,525 square foot investment property located at 2862 Roosevelt Boulevard, Clearwater, FL 33760 which sold for $270,000. The buyer was Asset Preservation Inc.; the seller was 2862 Roosevelt Property Holdings, LLC.
LEASES:
- Lease of a 20,000 square foot industrial facility located at 12395 Belcher Road, Suite 320, Largo, FL 33773. The tenant was Tropic Supply, Inc.; the landlord was Yale Mosk & Co.
- Lease of a 13,970 square foot industrial facility situated on a 2.89 acre MOL site located at 9805 Solar Drive, Tampa, FL 33619. The tenant was Lanter Delivery Systems, Inc.; the landlord was Appliance Distribution Centers Transportation, Inc.
- Lease of a 10,600 square foot industrial facility situated on a 2.11 acre MOL site located at 10755 49th Street North, Clearwater, FL 33762. The tenant was Layne Inliner, LLC; the landlord was Lado Properties, LLC.
- Lease of a 7,500 square foot industrial facility located at 2100 Palmetto Street, Clearwater, FL 33765. The tenant was Sun State International Trucks, LLC; the landlord was Frontier Lighting, Inc.
- Lease of a 7,000 square foot industrial facility located at 13197 49th Street North, Clearwater, FL 33764. The tenant was H&R Powersports; the landlord was Legacy Custom Plastics.
- Lease of a 6,000 square foot industrial facility located at 11813 44th Street North, Clearwater, FL 33762. The tenant was Audio Services Plus, Inc.; the landlord was Annette Johnson Family Trust.
- Lease of a 4,900 square foot industrial facility located at 2700 23rd Street North, St. Petersburg, FL 33713. The tenant was Arctic Supplies, LLC; the landlord was West Coast Arbor Properties, Inc.
Deron Thomas, SIOR, CCIM, President of Industrial Realty Solutions stated “the Pinellas County industrial market remains extremely active. We are now having difficulty finding available buildings for our clients that seek to purchase or lease warehouse or manufacturing facilities. As the pool of available industrial properties continues to shrink, sale prices and rental rates will 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:
Deron Thomas, SIOR, CCIM
President/Owner/Broker
Industrial Realty Solutions, Inc.
P.O. Box 1485
Safety Harbor, FL 34695-1485
Work: (727) 724-3300
Fax: (727) 493-0960
Mobile: (727) 204-0201
Email: dt@industrialrealtysolutions.com
Website: www.industrialrealtysolutions.com