Updated Aug 12, 2025
Kushner Group And Stro Companies Buy Tampa Industrial From Brock Adams For $10.12M
$10,120,000
$123/SF
Building Size
81,983 SF
Asset Type
Industrial
Closing
Aug 11, 2025
About this deal
AI
An industrial property totaling 81,983 SF on 5.74 acres at 44707 North Manhattan Avenue in Tampa's Drew Park market sold for $10,120,000.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $10,120,000
- Address: 44707 North Manhattan Avenue
- Market: Tampa
- Acres: 5.74
- Building Size (SF): 81,983
- PPSF: $123
- Buyers: Murray Kushner & Jonathan Kushner - Kushner Real Estate Group; Steven Millstein - The Stro Companies
- Seller: Brock Adams LLC
- Sale Date: 08/11/2025
The deal was led by Murray Kushner and Jonathan Kushner of Kushner Real Estate Group, and Steven Millstein of The Stro Companies. The transaction includes two acres of excess land and marks the partners’ sixth property in the Tampa market.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93