Market Intel

Construction Begins on Largest Speculative Warehouse in 8 Years

Date Published: 10/19

Construction on largest speculative warehouse since 2008 has broken ground in Tampa Bay’s core submarket.  Rick Narkiewicz, one of the Southeast’s top industrial real estate brokers, has been hired to lease the building.  Click to view his profile.

The 168,000 SF dock high warehouse will be ready for occupancy late 1st quarter of 2017.  The state-of-the-art building has a 30 ft. minimum clear height, ESFR fire suppression and an abundant parking ratio that can support a large amount of office space.

Recently renamed to Grand Oaks 75, the project has immediate access to interstate 75 and room to construct another 500,000 SF of warehouse space for lease.  There are many amenities within minutes of the project.  Corporate neighbors include:  Goodyear, Premier Beverage, Medtronic, Norwegian Cruise Lines and Snyders-Lance.

Due to the severe lack of available warehouse space in Tampa Bay, much of the building is expected to be pre-leased at near historic high rents.

To view complete details of the project, visit this website.

Click to view information on recent transactions and other happenings regarding Florida’s Industrial Market.



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