Banyan Linebaugh Avenue Acquires Two Tampa Warehouses For $9.4M

Two new Tampa warehouses, totaling 73,934 sq ft, were sold for $9.4 million to Banyan Linebaugh Avenue by seller Aventine Hill. The properties, completed in December 2022 and fully leased at closing, achieved a sale price of approximately $127.14 per sq ft.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,400,000
• Address: 5620 West Linebaugh Avenue
• Market: Tampa

The buyer, Banyan Linebaugh Avenue, acquired the two Tampa warehouses from the seller, Aventine Hill, at a sale price of $9.4 million. The properties, totaling 73,934 sq ft, were completed in December 2022 and were fully leased at the time of closing. The transaction achieved a sale price of approximately $127.14 per sq ft.