PCCP Acquires 137,359-Square-Foot Warehouse In Tampa From Luke J. Petherbridge For $18.3M

A 9.8-acre warehouse located in eastern Hillsborough County was sold for $18.3 million. The asset encompasses 137,359 square feet and was built in 2008. The property is leased to Iron Mountain and is part of a larger logistics portfolio that includes 15 other properties, securing $723.6 million in financing from JPMorgan Chase.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $18,300,000
• Square Footage: 137,359
• Price Per Square Foot: $133
• Buyer: PCCP
• Seller: Luke J. Petherbridge - Link Logistics
• Date of Transaction: 08/11/2026
• Market: Tampa, FL

The transaction involved PCCP acquiring the property from Link Logistics, represented by Luke J. Petherbridge. This strategic acquisition is tied to a broader logistics portfolio emphasizing the ongoing demand for industrial real estate in the region.