Grubb & Ellis|Commercial Florida negotiates $2.8M sale on 72,000 square foot industrial building in Tampa

TAMPA, Fla. -- Grubb & EllisCommercial Florida recently negotiated the sale of a 72,000 square foot industrial building on a two-acre site at 5102 W. Hanna Ave. (bottom right photo) in Tampa for $2,800,000.00.

Vice President/ Principal Jan Boltres, (top right photo) CCIM and Mike Scott, (top left photo) Vice President/ Principal at Grubb & EllisCommercial Florida’s Tampa office negotiated the transaction working with both the seller, Roger Kumar Revocable Trust and the buyer, Kennedy Investments, Inc.

Kennedy Investments has assigned Grubb & EllisCommercial Florida the listing of the property for lease at $4.25 per square foot.

“It’s encouraging to see there’s still investor confidence in the market despite the current economic conditions,” Boltres said.

Contacts:

Jan Boltres, CCIM or Michael Scott, Independently Owned & Operated Grubb & EllisCommercial Florida, 813-639-1111

Larry Vershel Communications, 407-644-4142