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MDH Atlantic Acquisitions LLC Acquires Industrial Property In Lutz For $28.5M

Property Image
SOLD
$28,500,000
Rick Brugge
Mike Davis
Michael Lerner

Florida

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Industrial285,615 SF
Sold 01/06/2018
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SOLD

MDH Atlantic Acquisitions LLC Acquires Industrial Property In Lutz For $28.5M

4610 Pet Ln, Lutz, FL, 33559

See Similar Deals
Industrial285,615 SF
Sold 01/06/2018
Rick Brugge
Mike Davis
Michael Lerner
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$99
Total Square Footage:285,615 SF
Transaction Type:Sale

The industrial asset located at 4610 Pet Ln, Lutz, FL, 33559 in Lutz was sold for $28.5 million. The property, known as Compark 75, spans 285,615 square feet and is considered one of the few Class A industrial properties in the area, with each square foot valued at around $100.

Summary of transaction details:

MDH Atlantic Acquisitions LLC from Atlanta acted as the buyer for the acquisition of Compark 75. The cluster of five industrial buildings in Lutz, approximately 20 miles north of Tampa in southern Pasco County, was constructed progressively starting in 2007, showcasing a mix of modern industrial architecture in a strategic location.

Players

Mike Davis
Cushman & Wakefield
Mike Davis
65 deals$3.6B volume
BROKER
Rick Brugge
Cushman & Wakefield
Rick Brugge
65 deals$2.8B volume
BROKER
Michael Lerner
Cushman & Wakefield
Michael Lerner
8 deals$280.6M volume(407) 841-8200
BROKER

Details

SOLD
IMAGE: 01/06/2018 ADDRESS: 4610 Pet Ln, Lutz, FL, 33559 MARKET: Lutz ASSET TYPE: Industrial SELLER'S REP: Michael Lerner(Cushman & Wakefield), Mike Davis(Cushman & Wakefield), Rick Brugge(Cushman & Wakefield) BUYER: MDH Atlantic Acquisitions LLC PRICE: $28,500,000.00 SF: 285615

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