Tampa, Florida (June 3, 2019)— RS Tampa Industrial, LLC; an affiliate of Redstone Investments has acquired the Roth Portfolio which consists of 17 Industrial buildings in the Tampa Airport/North and East Tampa submarkets. The 17 buildings, includes Sunstate Industrial Park comprised of 6 buildings. The properties total 466,460 square feet at 8501, 8503, 8505, 8507, 8509, 8511, 8513, 8516 Sunstate Street, 6608 Anderson Road, 5102-5110 West Clifton Street Sunstate Street, 5128-5136 Clifton Street, 5013 W. Hillsborough Avenue, 5015 W. Hillsborough Street, 4410 West Crest Avenue, 6375 Harney Road, 5872 Orient Road, and 5018 24th Avenue South.
Redstone acquired the property from Roth Investment Partnership. “We decided to purchase the properties to increase our Industrial portfolio,” said Jonathan Levy, Managing Partner, Redstone Investments. “We think the strong Industrial market is a great asset class to invest in today.”
About Redstone: For more than 30 years, Redstone has developed a full-service approach built on a foundation of well-developed market knowledge and long-standing relationships. Redstone specializes in: ground-up development, redevelopment, commercial brokerage, distressed debt, and private equity. Redstone’s commercial real estate services range from land acquisition, entitlement of property, site development, to full service brokerage and property management. Learn more about Redstone Investments at www.redstoneinvestments.com