Denholtz Properties Acquires Industrial Property In Tampa From First Industrial Realty Trust For $26.5M

The industrial property located at 5455 W Waters Ave in Tampa has been sold in a recent transaction. The property, spanning 225,651 square feet, was purchased by Denholtz Properties for a total price of $26,500,000. This amounts to a price per square foot of $117. The sale was facilitated by the seller's representatives, Mike Davis and Rick Brugge of Cushman & Wakefield. The seller in this transaction was First Industrial Realty Trust.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $26,500,000
• Address: 5455 W Waters Ave, Tampa
• Market: Tampa
• Asset Type: Industrial

Denholtz Properties, a real estate company, acted as the buyer in this transaction. The seller, First Industrial Realty Trust, was represented by Mike Davis and Rick Brugge of Cushman & Wakefield. It is noteworthy to mention that the property was sold for a price per square foot of $117. This successful deal highlights the active industrial market in Tampa.