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

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:

• Property Type: Industrial
• Transaction Amount: $28,500,000.00
• Market: Lutz
• Seller's Representative: Michael Lerner (Cushman & Wakefield), Mike Davis (Cushman & Wakefield), Rick Brugge (Cushman & Wakefield)
• Buyer: MDH Atlantic Acquisitions LLC

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.