facebook
Traded Co logo
Submit
Daily limit: 0/10

Andrew M. Zgutowicz Of High Street Logistics Properties Acquires Industrial Asset In Pinellas Park For $18.4M

Property Image
SOLD
$18,400,000

Florida

See Similar Deals
Industrial86,350 SF
Sold 02/18/2026
the dealplayerscompscontact
Property Image
SOLD

Andrew M. Zgutowicz Of High Street Logistics Properties Acquires Industrial Asset In Pinellas Park For $18.4M

9411 Belcher Road

See Similar Deals
Industrial86,350 SF
Sold 02/18/2026
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$213
Total Square Footage:86,350 SF
Transaction Type:Sale

The industrial asset sold is located at 9411 Belcher Road in Pinellas Park, Florida. The transaction was completed at a sale price of $18,400,000, which translates to approximately $213.09 per square foot for the 86,350-square-foot building. This newly built structure is situated 18 miles southwest of Tampa International Airport and is fully leased to Monin.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $18,400,000
  • Square Footage: 86,350
  • Price Per Square Foot: $213.09
  • Address: 9411 Belcher Road
  • Market: Pinellas Park
  • Buyer: Andrew M. Zgutowicz - High Street Logistics Properties
  • Seller: CMNY Transitions LLC

The acquisition involved Andrew M. Zgutowicz, representing High Street Logistics Properties, securing the property from CMNY Transitions LLC. The deal underscores the strategic investment in a fully leased industrial asset, emphasizing High Street's focus on expanding their property portfolio in the logistics sector.

Players

AZ
High Street Logistics
Andrew M. Zgutowicz
4 deals$50.4M volume
BUYER

Details

SOLD
IMAGE: Andrew M. Zgutowicz DATE: 02/18/2026 ADDRESS: 9411 Belcher Road MARKET: Pinellas Park ASSET TYPE: Industrial BUYER: Andrew M. Zgutowicz - High Street Logistics Properties SELLER: CMNY Transitions LLC SALE PRICE: $18,400,000 SF: 86,350 ~ PPSF: $213 NOTE: High Street Logistics Properties acquired the newly built 86,350-sf industrial building at 9411 Belcher Road North in Pinellas Park, Fla., for $18.4M ($213.09/sf) from CMNY Transitions LLC. The asset, located 18 miles southwest of Tampa International Airport, is fully leased to Monin.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$981,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$65,371.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,225.39
Annual Debt Service$1,046,704.65