Birtcher Anderson Davis Acquires Pinellas County Industrial Assets For $42.2M

An industrial property portfolio in Pinellas County, Largo, and Clearwater has been sold for a total of $42,200,000. The portfolio consists of multiple properties, including 12505 & 12506 Starkey Rd., 13830 N. 58th St, 13921 Icot Blvd, 11701 S Belcher Rd, 4900 Creekside Dr., and 7201-7243 Bryan Dairy Rd, with a combined total size of 470,000 square feet. The sale price equates to approximately $90 per square foot.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $42,200,000
• Buyer: Birtcher Anderson Davis
• Seller: B Group Capital
• Buyer's Rep: Marc Lewin - TCII Capital Group
• Seller's Rep: RJ de Varona & Tomas Possenti - Charter Realty Partners

Marc Lewin, representing TCII Capital Group, facilitated the purchase on behalf of the buyer, Birtcher Anderson Davis, while RJ de Varona and Tomas Possenti, from Charter Realty Partners, acted as the seller's representatives. The acquisition marks a significant transaction in the industrial property market of Pinellas County, Largo, and Clearwater.