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Clarion Partners Acquires TIA Logistics Center In Tampa For $48.95M

Property Image
SOLD
$48,950,000

Florida

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Industrial245,000 SF
Sold 04/01/2024
the dealdetailscomps
Property Image
SOLD

Clarion Partners Acquires TIA Logistics Center In Tampa For $48.95M

N Hoover Blvd

See Similar Deals
Industrial245,000 SF
Sold 04/01/2024
the dealdetailscomps

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$199
Total Square Footage:245,000 SF
Transaction Type:Sale

The TIA Logistics Center, a 245,000-square-foot industrial warehouse located at 6800 North Hoover Boulevard in Tampa, was recently acquired for $48.95 million. The transaction involved Clarion Partners purchasing the property from Scannell Properties.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $48,950,000
  • Buyer: David Gilbert - Clarion Partners
  • Seller: Robert Scannell - Scannell Properties
  • Market: Tampa
  • Price per Square Foot: $200

Clarion Partners, the buyer in this deal, has shown a keen interest in Tampa's industrial real estate market with this recent acquisition. This purchase follows their previous purchase of the nearby Tampa Airport Logistics Center in 2023, indicating a continued focus on expanding their presence in the area.

Details

SOLD
IMAGE: 04/01/2024 ADDRESS: 6800 North Hoover Boulevard MARKET: Tampa ASSET TYPE: Industrial BUYER: David Gilbert - Clarion Partners SELLER: Robert Scannell - Scannell Properties SALE PRICE: $48,950,000 SF: 245,000 ~ PPSF: $200 NOTE: Clarion Partners, has acquired the TIA Logistics Center, a 245,000-square-foot warehouse near Tampa International Airport, for $48.95 million. This purchase marks Clarion's continued interest in Tampa's industrial real estate market, following their acquisition of the nearby Tampa Airport Logistics Center in late 2023.

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