Dalfen Industrial has bought Constructing 100 inside Midpoint Florida Logistics Heart, a 423,000-square-foot industrial facility in Auburndale, Fla. The State of Florida acquired the asset.
The town’s Division of Emergency Administration is planning to make use of the warehouse for the storage and motion of emergency provides throughout emergency activation and response.
The Class A constructing is a part of an 896,799-square-foot industrial campus that broke floor in August 2022 and got here on-line within the second quarter of final yr.
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The corporate acquired the virtually 74-acre growth web site in November 2021 for $25.7 million from Mancini Cos., CommercialEdge knowledge reveals. Dalfen financed the development with two notes originated by First Horizon Financial institution a yr later, totaling $61.5 million.
The ability options 36-foot clear heights, 68 dock-high loading doorways and 4 drive-in doorways, in addition to 83 trailer stalls. Moreover, the warehouse has 33 pit levelers and 386 automobile parking spots. The opposite property inside the campus is a 474,600-square foot constructing with 116 dock loading doorways and 49 pit levelers.
Situated at 660 C. Fred Jones Blvd., the constructing is inside the Tampa – St Petersburg – Clearwater market and offers easy accessibility to Interstate 4. Downtown Auburndale is a few 7 miles away, whereas downtown Tampa is 46 miles southwest and Tampa Worldwide Airport is inside 51 miles.
Tampa’s industrial sector stays regular
12 months-to-date by June, Tampa’s industrial transaction quantity stood at $401 million, with belongings altering palms at $132 per sq. foot on common, the most recent CommercialEdge industrial report reveals. The metro’s emptiness fee that very same month clocked in at 7.0 %, 90 foundation level above the nationwide determine.
In January, PCCP LLC bought Tampa Airport Logistics Heart, a 297,254-square-foot industrial park in Tampa, Fla. Clarion Companions bought the two-building asset for $55.6 million.
