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Fourth Annual Casino Night Event Raises $110K for Juvenile Diabetes Research Foundation

Cushman & Wakefield Partnered with JDRF Tampa Bay to Host the Fundraiser TAMPA, FL, April 23, 2018 – For the fourth consecutive year, the Tampa office of Cushman & Wakefield partnered with the Juvenile Diabetes Research Foundation (JDRF) to host the All-In for Type None Casino Night. The event, held in February, raised $109,828 for Type 1 Diabetes research. More than 300 guests, many of whom are involved in the Tampa Bay commercial real estate community, attended the fundraiser at TPepin’s Hospitality Centre. Attendees enjoyed an evening of dancing, drinks, food, gaming, live music and a silent auction, all in support of JDRF. This was a record year for the annual event, which has raised nearly $400,000 in donations since it began in 2015. JDRF is a global organization with a strategic research plan to fight type 1 diabetes, a life-threatening autoimmune disease. The disease strikes both children [...]

By | 2018-04-23T12:06:50+00:00 April 23rd, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates Sale of Class-A Senior Living Community in Atlanta Metro

Allen McMurtry, Paul Carr, David Kliewer and Megan Fetter Represented an Institutional Owner in the Sale of a 93-Unit Assisted Living and Memory Care Community TAMPA, FL, April 4, 2018 – Cushman & Wakefield has negotiated the sale of a 93-unit, 85,000-square-foot senior living community for over $400,000 per unit. The Class-A assisted living and memory care community is situated on six acres in the Atlanta metro area. Based in Cushman & Wakefield’s Tampa office, Executive Director Allen McMurtry, Senior Director Paul Carr, Senior Director David Kliewer and Senior Director Megan Fetter represented a global real estate investment company in the disposition. The buyer is a private equity fund with properties throughout the United States. Built in 2009, the two-story community is considered a market-leader, with a long history of occupancy above 95 percent. The community offers studio, one-bedroom and two-bedroom units and features a mix of 67 assisted living [...]

By | 2018-05-02T15:53:41+00:00 April 4th, 2018|In the News, Press Release|0 Comments

Travis Prince Joins Cushman & Wakefield to Lead National Student Housing Capital Markets Team

Tampa-based, Top-Producing Broker Joins the Firm as Executive Managing Director TAMPA, FL, April 2, 2018 – Cushman & Wakefield is pleased to announce that Executive Managing Director Travis Prince has joined the firm to lead its national Student Housing Capital Markets Team. Prince has 20 years of experience in investment real estate and is regarded as an industry leader in the student housing sector. He will be based in Cushman & Wakefield’s Tampa office and will focus on the acquisition and disposition of student housing investment properties throughout the country. “Mr. Prince brings an unparalleled level of expertise in student housing, and we are pleased that he has decided to continue his tremendous career with Cushman & Wakefield,” said Larry Richey, Florida Market Leader for Cushman & Wakefield. “Our firm will certainly benefit from Travis’s strong relationships and superior knowledge of investment sales, and so will our clients.” Prince comes [...]

By | 2018-05-02T15:53:41+00:00 April 2nd, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Awarded Leasing Assignment for Class A Medical Office Building in Wesley Chapel

Landlord Dr. Mark Farina Retained Brian Breeding and Nina Sullivan to Market the Newly Completed 16,000 SF Property in a Booming Tampa Bay Submarket TAMPA, FL, March 28, 2018 – Cushman & Wakefield has been retained to handle leasing for Farina Medical Plaza, a brand new 16,000-square-foot medical office building in Wesley Chapel, a popular suburban area 20 miles north of Tampa. The Class A building is situated within Wiregrass Ranch, a rapidly growing, 5,000+-acre master-planned development. Cushman & Wakefield’s Brian Breeding, Senior Associate with the firm’s Healthcare Practice Group, and Nina Sullivan, Director specializing in office services, will handle leasing for the property on behalf of landlord Dr. Mark Farina. The team is marketing suites up to 10,666 square feet to tenants in various areas of the healthcare industry. The available spaces are on the second and third floors of the building, and Farina Orthodontics will occupy the first [...]

By | 2018-05-02T15:53:41+00:00 March 28th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates $59.6M Industrial Sale in Lakeland for Brennan Investment Group and Greenfield Partners

Griffin Capital Company Acquired the 605,412 SF CenterState Logistics Center TAMPA, FL, March 16, 2017 – Cushman & Wakefield has negotiated the sale of CenterState Logistics Center, a 605,412-square-foot distribution facility within the I-4 Corridor in Lakeland, FL, for $59.6 million. The Class A facility, which was built speculatively and completed in 2017, is 100 percent occupied by Quaker Sales and Distribution, a wholly-owned subsidiary of PepsiCo. The Cushman & Wakefield Capital Markets Team of Vice Chairman Mike Davis, Executive Director Rick Brugge and Executive Director Michael Lerner represented the co-sellers in the transaction, Brennan Investment Group and Greenfield Partners. Brennan Investment Group is a Chicago-based private real estate investment firm that acquires, develops and operates industrial properties in major markets throughout the United States. Greenfield Partners is a Westport, CT-based private equity real estate investment firm. The buyer, Griffin Capital Company, is a Los Angeles-based investment and asset management company. The [...]

By | 2018-05-02T15:53:41+00:00 March 19th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Selected to Market 142,350 SF Shopping Center in Busy Tampa Submarket

The Recently Renovated Tampa Bay Center, on North Dale Mabry Highway, has a High-Performing Mix of Internet-Resistant Tenants TAMPA, FL, March 6, 2018 – Cushman & Wakefield has been named the exclusive advisor for the disposition of Tampa Bay Center, a 142,350-square-foot urban infill shopping center in Tampa’s Westshore Business District. Formerly anchored by a Kmart, the property is now a best-in-class retail center with diverse internet-resistant tenancy. Cushman & Wakefield’s Managing Director Jason Donald, Managing Director Patrick Berman and Associate Todd Tolbert have been retained to market the asset by owner Five RE Tampa Bay Center, LLC. Tampa Bay Center is situated on 11.57 acres at 2905 N. Dale Mabry Highway, just south of Raymond James Stadium. Ownership recently invested $5 million into renovating the property. The shopping center is now 97 percent leased to nationally recognized tenants. Ashley Furniture and Floor & Decor anchor the property with 43,341 square [...]

By | 2018-05-02T15:53:42+00:00 March 9th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Secures 7,721 SF Lease for Office Evolution in Tampa

Nationally Expanding Co-Working Franchise Plans to Open Several Locations in the Tampa Market TAMPA, FL, February 28, 2018 – Cushman & Wakefield has negotiated a 7,721-square-foot office lease in Tampa’s Westshore submarket for Office Evolution, a rapidly-growing B2B franchise offering private office space, co-working space, virtual offices and business services. The company has plans to open two more locations in the Tampa market in the coming months. In addition to Tampa, Office Evolution has several locations planned for the Jacksonville market, the first of which is expected to open this spring. Senior Director John Fish and Managing Principal Scott Garlick, with Cushman & Wakefield’s Tampa-based Tenant Advisory Group, represented Office Evolution in the lease. The landlords are St. Paul Fire and Marine Insurance Co. Located in the Lincoln Center building, at 5401 W. Kennedy Blvd., Office Evolution’s first Tampa location offers a variety of work space styles, including 32 private office [...]

By | 2018-05-02T15:53:42+00:00 March 7th, 2018|In the News|0 Comments

Cushman & Wakefield’s 2018 Florida Population Report Predicts Top Growth Markets

Highest Growth Rates Expected in Fort Myers and Orlando TAMPA, FL (February 23, 2018) – Cushman & Wakefield has released its 2018 Florida Population Reports, which detail projected population growth statewide and in nine major markets throughout Florida. The overall report predicts that Florida’s population will increase by just over 450,000 people in 2018, as compared to 430,000 in 2017. In the next five years, the state’s population is expected to increase from 21 million to 23.3 million. Of the markets examined, the Fort Myers MSA will see the greatest change in year-over-year population growth, while Miami is expected to see the smallest change. Tampa ranks as the largest MSA in the state, and Orlando boasts the lowest unemployment rate. “Florida’s population grew significantly in 2017, aided by continued net migration from northern and high-tax states,” said Chris Owen, Cushman & Wakefield’s Florida Research Manager. “In addition, thousands of Puerto [...]

By | 2018-05-02T15:53:42+00:00 February 23rd, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield to Lease Tampa’s Westshore Logistics Center on Behalf of Keating Resources

John Jackson, Julia Rettig and Jessica Mizrahi Have Been Retained as Exclusive Leasing Advisors for Newly Remodeled, 166,680 SF Industrial Park TAMPA, FL (February 15, 2018) – Cushman & Wakefield has been retained by Keating Resources to handle leasing for Westshore Logistics Center, a four-building, 166,680-square-foot industrial park in Tampa. The recently remodeled property is the premier logistics facility in Tampa’s Airport submarket. Cushman & Wakefield Director John Jackson, Director Julia Rettig and Senior Associate Jessica Mizrahi are marketing the property to a variety of industrial users. Before Keating Resources acquired Westshore Logistics Center in 2017, the property had been vacant for several years with extensive deferred maintenance. The Tampa-based developer completely remodeled the property, which is now a highly functional, top-tier facility. Improvements include a new roof and insulation, new paint, new storefronts, new dock doors, a new fire suppression system, LED lighting and a 24/7 security gate. New [...]

By | 2018-05-02T15:53:42+00:00 February 15th, 2018|In the News, Press Release|0 Comments

Keating Resources Selects Cushman & Wakefield to Market Planned Last-Mile Optimized Industrial Facility in Tampa

The 183,920 SF Tampa Fulfillment Center will be the Tampa Bay Market’s First Industrial Facility Designed to Meet Last-Mile Needs TAMPA, FL (January 30, 2018) – Keating Resources has announced plans for Tampa Bay’s first industrial facility designed specifically with last-mile fulfillment needs in mind. Called Tampa Fulfillment Center, the planned 180,920-square-foot, Class A industrial facility will occupy an 18-acre infill site at 3301 E. Clark St., about three miles east of downtown Tampa. The Cushman & Wakefield team of Director John Jackson, Director Julia Rettig, Senior Associate Jessica Mizrahi and Vice Chairman Mike Davis has been retained to market the property. Tampa Fulfillment Center will be able to accommodate up to six users and will offer a flexible design to meet the needs of a wide variety of industrial operators, including last-mile fulfillment users, which typically deliver within a 45-minute range. The building will include flexible features that are [...]

By | 2018-05-02T15:53:42+00:00 January 30th, 2018|In the News, Press Release|0 Comments