The 179,080 SF Tampa Fulfillment Center Will Be Tampa Bay Market’s First Industrial Facility Designed to Meet Last-Mile Needs
TAMPA, FL (February 12, 2018) – Keating Resources has announced plans for Tampa Bay’s first industrial facility designed specifically with last-mile fulfillment needs in mind. Called Tampa Fulfillment Center, the planned 179,080-square-foot Class A industrial facility will occupy an 18-acre infill site at 3301 E. Clark St., about three miles east of downtown Tampa.
The Cushman & Wakefield team of Director John Jackson, Director Julia Rettig, Senior Associate Jessica Mizrahi and Vice Chairman Mike Davis has been retained to market the property.
Tampa Fulfillment Center will be able to accommodate up to six users and will offer a flexible design to meet the needs of a wide variety of industrial operators, including last-mile fulfillment users which typically deliver within a 45-minute range.
The building will include flexible features that are fit for last-mile users such as flow-through design with aligned site entrances, drive-in / drive-out ramp options and traffic flow that is segregated from parking and trailer storage areas. The property’s generous truck court design and parking ratio of 2 spaces per 1,000 square feet create an ideal environment for traditional distribution and warehouse users, as well as last-mile operators.
The Cushman & Wakefield team is marketing the property for sale to both institutional and owner-user buyers, as well as for lease to industrial users interested in the facility.
The Tampa Fulfillment Center site is situated in the geographic center of Tampa’s residential population, which will allow users to access e-commerce consumers throughout the market within ideal last-mile drive times. The site provides direct access to the Selmon Expressway, and is within minutes of Interstate 275, Intestate 4, and Interstate 75, connecting last-mile delivery systems with the end users they serve.
“Flexibility and location are the key selling points for this property,” said Jackson. “From this site, users will have access to over a million Hillsborough County residents within 30 minutes.”
Added Rettig: “As consumer habits continue to change, retailers and distributors have to be adaptive and innovative. Tampa Fulfillment Center will have the flexibility to help its users stay ahead of the curve.”
Keating Resources is a real estate investment and development group with several other assets in the Tampa Bay area, including the 166,680-square-foot Westshore Logistics Center, which Rettig, Jackson and Mizrahi are also marketing.
The developer plans to break ground on Tampa Fulfillment Center May of 2018 with delivery planned for early 2019.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.