May
22

JLL Closes Tampa Industrial Sale

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The sale comes just after a lease JLL secured at the property brought the state-of-the-art, cross-dock facility to full occupancy.

JLL has closed the sale of 3850 Old Tampa Highway, an 119,257-square-foot industrial facility located near Tampa, in Lakeland, Fla. Graham Commercial Properties purchased the state-of-the-art, cross-dock facility for $7.7 million.

The sale comes just after JLL leased space at the facility to CHEP USA for the company’s new regional distribution center. The lease brought the property to 100 percent occupancy.

JLL Associate Ryan Vaught represented the property’s previous owner, Brian Pearlman, in both the sale and lease negotiations…

JLL Closes Tampa Industrial Sale

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