CLEARWATER, FL. (Aug. 15, 2012) – With two brokers from the same real estate firm collaborating to make a multifaceted deal work, Commercial Asset Partners (CAP) Realty has announced the purchase of a 10,000-square-foot warehouse and office facility at 4944 113th Ave. in Clearwater to Genesis Aircraft Parts for $565,000. Genesis Aircraft Parts, represented by CAP Realty’s Paula Clair Smith, CCIM, had decided to move from a 5,250-square-foot facility it owned in Pasco County and relocate to Pinellas County.
CAP Realty’s Heidi Tuttle-Beisner, CCIM (top right photo), used her experience in Pasco to quickly secure a tenant, Schweitzer Engineering Laboratories, for Genesis’ former space in ComPark 75, located at 4446 Pet Lane in Lutz.
Meanwhile, Paula Clair Smith (lower left photo) evaluated the Gateway area's industrial availabilities, resulting in helping Genesis purchase its new space in Clearwater. The recorded owner was GRP Global Assets LLC, while the seller was listed as JB Systems, Inc., represented by Deron Thomas, CCIM, SIOR, of Industrial Realty Solutions, Inc.
"Knowing both the Pasco and Pinellas markets so well was critical in making these two deals happen quickly and efficiently," Smith said. "And we were able to get everything done in about a three-month timeframe."
Contact:
Noelle Anderson, APR
Principal & President
True Blue Communications
813.380.0314
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