Boston-based Albany Road Real Estate Partners Acquires 30-Acre Industrial Land In Pinellas Park For $21M

Albany Road Real Estate Partners, a Boston-based firm, has acquired a 30-acre industrial property located at 3565 126th Avenue in Pinellas Park for a total sale price of $21 million. The seller, Gaston Trees Debris Recycling, will continue to lease back 10 acres of the site. The property offers potential for future industrial development and has leasing opportunities available for 2 to 7.5 acres, with the capacity to accommodate up to 450,000 square feet of new construction.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $21,000,000
• Address: 3565 126th Avenue
• Market: Pinellas Park
• Acres: 30

The brokers involved in this deal were Rick Brugge, John Jackson, Mike Davis, Dominic Montazemi, Rick Colon, JT Faircloth, and Casey Perry of Cushman & Wakefield.