Friday, September 5, 2008

Cushman & Wakefield negotiates New 28,000-SF Corporex Business Park lease

TAMPA, FL– Cushman & Wakefieldhas negotiated a new 28,000 square foot lease for Cobalt Industrial REIT at 3719 Corporex Park Drive in Tampa, Florida with the CPI Group, Inc., a leading internet retailer of consumer products with websites that include Centralchef.com, Eastcomeswest.com and Cigarextras.com.

Corporex Business Park (top right photo), located at the I-4 and Martin Luther King Boulevard interchange in Tampa, Florida is a 120 acre mixed use business park. The flex space will serve as CPI Group's Headquarters and Distribution Center.

Director, Industrial Brokerage, Rian Smith and Executive Director, Capital Markets, Mike Davis negotiated the new lease on behalf of the landlord, Cobalt Industrial REIT.

Mr. Smith was quoted as saying “we are excited to have CPI as a tenant at Corporex; both sides worked very diligently to bring the deal together and look forward to a long and prosperous relationship”.
Contact: Debbie P’Simer, 813-204-5333, debbie.p’simer@cushwake.com

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