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David Gilbert Of Clarion Partners Acquires Industrial Asset From Brian M. Wertz For $16.9M

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SOLD
$16,900,000

Florida

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Industrial58,849 SF
Sold 10/29/2025
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SOLD

David Gilbert Of Clarion Partners Acquires Industrial Asset From Brian M. Wertz For $16.9M

Crossroads Park Dr

See Similar Deals
Industrial58,849 SF
Sold 10/29/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$287
Total Square Footage:58,849 SF
Transaction Type:Sale

An industrial asset located at 5231 Crossroads Park Drive in Tampa has been sold for $16.9 million. The property spans 58,849 square feet, reflecting a price per square foot of $287. This asset is part of the larger 558,000-square-foot Crossroads Logistics Park development.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,900,000
  • Buyer: David Gilbert - Clarion Partners
  • Seller: Brian M. Wertz - Arrow Capital
  • Broker: Cushman & Wakefield
  • Market: Tampa
  • Square Footage: 58,849
  • Price Per Square Foot: $287

David Gilbert represented Clarion Partners in acquiring the property from Brian M. Wertz, who represented Arrow Capital. The transaction was facilitated by Cushman & Wakefield, underscoring the involvement of key industry players in this real estate deal.

Players

BROKERAGE


28 deals$1.9B volume
BUYER

Details

SOLD
IMAGE: David Gilbert & Brian M. Wertz DATE: 10/29/2025 ADDRESS: 5231 Crossroads Park Drive MARKET: Tampa ASSET TYPE: Industrial BUYER: David Gilbert - Clarion Partners SELLER: Brian M. Wertz - Arrow Capital BROKER: Cushman & Wakefield (@CushWake) SALE PRICE: $16,900,000 SF: 58,849 ~ PPSF: $287 NOTE: Clarion Partners acquired a 58,849-square-foot warehouse at 5231 Crossroads Park Drive in Tampa for $16.9 million, or $287 per square foot, from Arrow Capital. Cushman & Wakefield brokered the deal for the Class A industrial asset, part of the 558,000-square-foot Crossroads Logistics Park development.

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Debt Service Coverage Ratio (DSCR)

0.94x

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