Wednesday, July 23, 2008

Cushman & Wakefield Negotiates 77,821-SF Sale of Tampa Warehouse


TAMPA, FL – Cushman & Wakefield negotiated the sale of 5110 W. Clifton Street in Tampa, Florida. Masonite Corporation, as seller, is an 80-year old innovative manufacturing company of interior doors and entry door systems and remains as one of the world’s leading manufacturers in the industry.

Roth Investment Partnership, as buyer, is a commercial and industrial real estate investment company with an expanding portfolio bolstered by the Roth Family’s investments of industrial and office space.

5110 West Clifton Street is a 77,821 square foot, multi-tenant, Class B warehouse distribution building located in Tampa’s airport submarket at the corner of Anderson Road and Clifton Street.

Jim Paladino, Senior Director, John Fish, Senior Director, Mike Davis, Executive Director and Rian Smith, Director negotiated the sale on behalf of the seller, Masonite Corporation.

Cushman & Wakefield negotiates sale of Royal Breeze Apartments for $11.7M

TAMPA, FL – Cushman & Wakefield’s Florida Apartment Brokerage Services with apartment specialists in Tampa, Orlando, Ft. Lauderdale and Miami, announces the sale of Royal Breeze (photo at left) for $11,775,000. The purchaser was Hachem Investments. Executive Director Byron Moger and Director Luis Elorza negotiated the sale on behalf of the owners, MAXX Properties.

Royal Breeze, located at 21227 US Highway 19 North in Clearwater, Florida, just north of Clearwater Mall, was built in 1973. It is a 204,140 square foot, 200-unit apartment community that offers a mix of 1, 2 and 3 bedrooms. Royal Breeze features two swimming pools, lighted tennis courts and a new fitness center.

“Royal Breeze offers the buyer excellent upside through a capital program to update the property and capitalize on its central Pinellas location,” said Byron Moger of Cushman & Wakefield, Inc.

To view our current multifamily listings, please visit http://www.apartments.cushwake.com/ or contact

Byron Moger, Executive Director, Cushman & Wakefield, Inc., 813.204.5316, byron.moger@cushwake.com
Marcianne Foster, 813-204-5325, Marcianne.Foster@cushwake.com

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