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East Adamo Drive

Drew DeWitt Of East Capital Partners Acquires Industrial Asset In Tampa For 492957 SF
SOLDIndustrial

Drew DeWitt Of East Capital Partners Acquires Industrial Asset In Tampa For 492957 SF

East Adamo Drive

Building Size

492,957 SF

Asset Type

Industrial

Closing

Dec 10, 2025

AI

The asset involved in this transaction is an industrial property located at 4410-4450 East Adamo Drive & 1212 N 39th Street in Tampa. The total square footage of the property is 492,957. This sale transaction was finalized on December 11, 2025.

Summary of transation details:

The transaction was facilitated by a team of brokers from JLL, specifically Luis Castillo, David Orta Jr., and Cody Brais, who represented the seller. Additionally, the financing for the deal was arranged by Melissa Rose, Jovi Rodriguez, and Duncan Miller, also from JLL, confirming their roles in the overall process of the transaction.

Players

Luis Castillo

JLL

Broker

$2.1B

vol

55 deals

Broker
Melissa Rose

Melissa Rose

JLL

Lender

$3.2B

vol

54 deals

Lender

Tampa Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93