CIP Real Estate Acquires Industrial Property In Tampa For $74.3M

The industrial property located at 1907 US-301 and 5903 Hampton Oaks Pkwy in Tampa has been sold at a price of $74,300,000. The property spans across 405,772 square feet, resulting in a price per square foot of $183.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $74,300,000
• Square Footage: 405,772
• Price per Square Foot: $183
• Address: 1907 US-301 & 5903 Hampton Oaks Pkwy, Tampa

CIP Real Estate has acquired the property from Albany Road Estate Partners. Rick Brugge from Cushman & Wakefield represented the buyer, while the seller was represented by their own representatives. The lender for this transaction was BankUnited, with mortgage brokers Jason Hochman and Ron Granite also from Cushman & Wakefield.