New 43k SF Lease Brings Building to 100% Occupancy
TAMPA, Fla., May 21, 2020 – Cushman & Wakefield has arranged a 43,474-square-foot lease with Commercial Fitness Concepts at 301 Business Center in East Tampa’s industrial submarket. John Jackson, Jessica Mizrahi, and JT Faircloth of Cushman & Wakefield oversaw leasing efforts on behalf of the landlord, McDonald Development, for Building 200, a front-load distribution building which is now 100% leased.
“Our team is proud to announce that Building 200 is now fully leased. 301 Business Center’s premier Class A design and construction along with its central location and superior access make it one of the most popular industrial developments in the region,” said Jackson.
In June 2019, the Cushman & Wakefield team executed a 127,720-square-foot lease in Building 200 for US Venture, a leader in the distribution of petroleum and renewable energy products, lubricants, and tires and parts for the automotive aftermarket.
Building 200’s amenities include architectural tilt-up concrete with tinted glass, a 32-foot minimum ceiling height, a 180-foot truck court, and an ESFR sprinkler system.
301 Business Center is a 68-acre distribution park located in the heart of Tampa’s industrial corridor with direct access to Highway 301 and Falkenburg Road, and is approximately 2.5 miles from I-4 and I-75. The park is being developed in two phases, and at completion, will include one front-load building, two rear-load buildings, and one cross-dock building totaling 867,619 square feet.
“We are thrilled to welcome our new tenant, Commercial Fitness Concepts, to 301 Business Center and remain very positive about the outlook for the Tampa Bay Region as we wrap up construction of this Class-A industrial park.” Austin McDonald, President & COO of McDonald Development.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.