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44707 North Manhattan Tampa

Kushner Group And Stro Companies Buy Tampa Industrial From Brock Adams For $10.12M
SOLDIndustrial

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

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

The Stro Companies
The Stro CompaniesBuyer

Jonathan Kushner

Kushner Real Estate Group

Buyer

$3.9B

vol

10 deals

Buyer

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