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.

About Space Shifter

Space Shifter has Over 10 Times the Daily Visitors than even the Largest Brokerage firms and Landlords for the Same Coverage Area! Leverage Our Platform to Fill Your Vacancies Faster Today!

Space Shifter is a Digital Marketing Co-Op created by a group of leading brokerage firms, landlords and Economic Development Councils. This innovative platform harnesses the power of the internet to drive traffic to members' listings enabling them to get more direct leads and fill their vacancies faster. Membership to this exclusive group is inexpensive and will quickly pay for itself. The consortium uses the fees to maintain the software and for strategic digital advertising to give your listings the broadest exposure possible. Proceeds are donated to charities and to support industry trade associations.

The Space Shifter online marketplace is populated by the listing agents and is supplemented by our research team. It now serves all categories of commercial real estate located in Florida. The Space Shifter initiative brings sophisticated marketing capabilities, information resources and community building events that positively impact the industry and the clients it serves.

The foundation of Space Shifter is based on user feedback from hundreds of industry representatives ranging from large brokerage firms and institutional landlords to sole proprietors and single ownership entities. This crucial insight was combined with the technological expertise and usability experience of enterprise software and video game executives from such firms as Disney, EA Sports and Zynga. Constructed on the newest technology and designed from the user’s perspective, the end result is a highly intuitive and relevant marketplace created by the commercial real estate industry for the commercial real estate industry.