Cushman & Wakefield to Lease 1.2 Million Square Feet of Industrial Space in Tampa Bay for Ivanhoé Cambridge

Portfolio Consists of 10 Warehouse and Manufacturing Buildings for lease in St. Petersburg’s Gateway Submarket in Pinellas County TAMPA, FL (August 13, 2018) – Cushman & Wakefield has been named the exclusive leasing agent for a 1,168,225-square-foot industrial portfolio in St. Petersburg’s Gateway submarket. The 75-acre portfolio consists of 10 warehouse and manufacturing buildings situated centrally within the Tampa-St. Petersburg-Clearwater MSA. Evergreen Industrial Properties and its parent, Ivanhoé Cambridge, retained the Cushman & Wakefield team of Director John B. Jackson, CCIM, Senior Director Julia Rettig and Senior Associate Jessica Mizrahi. A global leader in the real estate industry, Ivanhoé Cambridge develops and invests in high-quality real estate properties. The company acquired the portfolio through its acquisition of Evergreen Industrial Properties in 2017. The portfolio is 88 percent occupied, with 295,000 square feet available, or soon to be available, for lease. The 10 buildings range from 46,535 square feet to 207,062 [...]

By | 2018-08-14T12:47:25+00:00 August 14th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates Sale of 435,000-SF Office Portfolio in Tampa for IP Capital Partners

Team of Mike Davis, Rick Brugge and Michael Lerner Secured $52M Sale to Priam Capital TAMPA, FL, August 9, 2018 – Cushman & Wakefield has negotiated the sale of The Collection at Sabal Park, a 435,837-square-foot, value-add office portfolio in suburban Tampa. Nashville-based Priam Capital acquired the eight-building portfolio for $52 million. The acquisition is the real estate investment firm’s first in the Tampa Bay market. The Cushman & Wakefield team of Vice Chairman Mike Davis, Executive Director Michael Lerner and Executive Director Rick Brugge represented IP Capital Partners in the disposition. Based in Boca Raton, Florida, IP Capital Partners is a real estate investment and asset management firm focused on high-quality office, retail and industrial real estate in the major growth areas of Florida. Buyer Priam Capital retained Cushman & Wakefield to continue leasing and managing the eight properties. The leasing team of Senior Director Mercedes Angell and Director [...]

By | 2018-08-13T12:07:46+00:00 August 9th, 2018|In the News|0 Comments

Cushman & Wakefield Named Office Leasing Advisor for Midtown Tampa by Bromley Companies; Veteran Broker Returns to Lead Team

Robin Bishop Returns to Cushman & Wakefield to Head Up Leasing for 750,000 SF of Class A Office Space at the Highly Anticipated Mixed-Use Development Robin Bishop TAMPA, FL, August 9, 2018 – Cushman & Wakefield has been selected by Bromley Companies as the exclusive office leasing advisor for Midtown Tampa, a 1.8-million-square-foot, mixed-used project designed to connect Tampa’s downtown with its booming Westshore District. To lead the team, Cushman & Wakefield has welcomed back office leasing expert Robin Bishop, who previously worked with the firm, as a Senior Director. Bishop has been working with Bromley Companies on the Midtown Tampa project since its early stages through her own brokerage firm, Bishop & Associates, Inc. With the $500 million project officially approved and underway, Bishop has joined forces with Cushman & Wakefield to represent the developer in leasing what is one of Tampa’s largest office development projects in [...]

By | 2018-08-09T12:08:47+00:00 August 9th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Represents Chapters Health System in Office Building Sale and Relocation in Tampa

Chapters Health Sold a 28,445-SF South Tampa Property and Signed a 14,000-SF Lease at Meridian Three in the Westshore District TAMPA, FL, June 19, 2018 – Cushman & Wakefield has represented Chapters Health System, a not-for-profit healthcare provider, in relocating its Tampa office from a property it had owned to a leased space in a Class A office tower. Executive Managing Director Andy May, along with Director Nina Sullivan, represented Chapters Health in leasing a 14,205-square-foot space at Meridian Three, 4200 W. Cypress St., which is part of a three-building, Class A office complex in Tampa’s Westshore submarket. Lisa Coulter represented the landlord, Highwoods Properties, in the lease negotiations. May and Senior Director Barry Oaks also represented Chapters Health in the disposition of a 28,445-square-foot office building at 3010 W. Azeele St. in South Tampa, which sold at a record price per-square-foot for the South Tampa market. Clearview, represented by [...]

By | 2018-06-19T17:02:08+00:00 June 19th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates Sale of Class A Senior Living Community in Tampa Submarket

Allen McMurtry, Paul Carr, and David Kliewer Represented the Project Developer in the Sale of a 97-Unit Assisted Living and Memory Care Community TAMPA, FL, June 13, 2018 – Cushman & Wakefield has negotiated the sale of The Watermark at Trinity, a 97-unit, 84,217-square-foot senior living community located in the high-growth Trinity submarket of Tampa. Built in 2016, the Class A assisted living and memory care community sold for approximately $300,000 per unit. Based in Cushman & Wakefield’s Tampa office, Executive Director Allen McMurtry, Senior Director Paul Carr and Senior Director David Kliewer represented the development collaboration comprised of Walt Chancey of Gulf Coastal Development, Ricky Rookis of Rookis Development, and Watermark Retirement Communities in the sale. The three-story community is considered the market leader, with a successful lease-up to 95+ percent occupancy since opening in July 2016. The community offers studio, one- and two-bedroom units and features a mix [...]

By | 2018-06-26T10:20:36+00:00 June 13th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates Sale of 169,000-SF Shopping Center on Florida’s East Coast for $19M

Jensen Beach Property’s Diverse Tenants Include Hobby Lobby, Dollar Tree, Buffalo Wild Wings and an Indoor Trampoline Park  JENSEN BEACH, FL, May 22, 2018 – Cushman & Wakefield has negotiated the sale of Marketplace Square, 169,223-square-foot shopping center, for $19 million. The Hobby Lobby-anchored retail plaza is situated in Jensen Beach on Florida’s east coast, about an hour north of West Palm Beach. The Retail Investment Advisory Team of Managing Director Patrick Berman, Managing Director Jason Donald and Associate Todd Tolbert represented the seller, Leon Capital Group, in the transaction. Leon Capital Group acquires, finances and develops assets across a diversified portfolio, including multi-family, retail, self-storage and residential properties. The buyer is Exchange Solutions, Inc. In addition to Hobby Lobby, tenants at Marketplace Square include Dollar Tree, Buffalo Wild Wings, Buddy’s Home Furnishings, Once Upon a Child and Rush Trampoline Park, as well as two outparcels occupied by KFC and [...]

By | 2018-05-24T12:35:06+00:00 May 24th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Selected to Market for Sale Tampa Bay Landmark, The Marina at John’s Pass

Mixed-Use Property in Madeira Beach, FL, has a Diverse Tenant Mix Including Restaurants: Bubba Gump Shrimp Co., Hooter’s and Friendly Fisherman  TAMPA, FL, May 8, 2018 – Cushman & Wakefield is pleased to offer for sale The Marina at John’s Pass, a mixed-use waterfront property in Madeira Beach, one of the Tampa Bay area’s most popular beach cities. The property contains 138,715 square feet, including a parking garage, and is leased to restaurants, shops and tourism-related businesses. The Retail Investment Advisory Team of Managing Director Jason Donald, Managing Director Patrick Berman and Associate Todd Tolbert are marketing the property for sale on behalf of the owner, LCS Associates, LLC. The Marina at John’s Pass is part of John’s Pass Village & Boardwalk, which is the top tourist destination in Pinellas County. It is well-positioned in a high-traffic, densely populated area, with frontage along Gulf Boulevard, which runs north to south, [...]

By | 2018-05-24T12:38:29+00:00 May 8th, 2018|In the News, Uncategorized|0 Comments

Cushman & Wakefield Promotes LaShawn Bates to Florida Director of Financial Analysis

Bates Will Lead a Team of 10 Capital Markets Financial Analysts Throughout the State TAMPA, FL, April 30, 2018 – Cushman & Wakefield is pleased to announce that LaShawn Bates has been promoted to Director of Financial Analysis for the firm’s Florida offices. In this statewide role, Bates will lead a team of 10 analysts who provide important financial insight related to investment sales and acquisitions. Bates recently celebrated her 10th anniversary with Cushman & Wakefield, and for the last 10 years has worked with the Tampa- and Orlando-based Capital Markets Team of Vice Chairman Mike Davis, Executive Director Rick Brugge and Executive Director Michael Lerner. In 2017, the team completed 32 office and industrial transactions totaling nearly $3 billion. “LaShawn has been an extraordinary asset to her team over the years and is well-prepared for this new statewide role,” said Larry Richey, Florida Market Leader for Cushman & Wakefield. [...]

By | 2018-05-02T15:53:41+00:00 April 30th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Promotes Chris Owen to Director of Research for Florida

Owen Leads a Research Team that Provides Key Market Data and Insight ORLANDO, FL, April 30, 2018 – Cushman & Wakefield is pleased to announce that Chris Owen has been promoted to Director of Research for the firm’s Florida operations. Owen is based in Orlando and leads a team of research professionals who provide vital commercial real estate market analysis in six major markets throughout the state. He joined the firm in 2013 as a Senior Research Analyst for the Orlando and Jacksonville markets, and soon became Research Manager for the state. In his new role, Owen will continue to lead his team in serving the research needs of brokers throughout Florida, while providing important insight to support the firm’s business development efforts. He also works with his team to produce in-depth research pieces on trends and developments that affect the commercial real estate industry. In the last year, these pieces have included reports [...]

By | 2018-05-02T15:53:41+00:00 April 30th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Negotiates $35.7M Sale of Tampa Area Apartment Community for Mercury Investment

Value-Add Property in Plant City has 276,500 Rentable SF, 352 Units TAMPA, FL, April 26, 2018 – Cushman & Wakefield has negotiated the sale of Plantation at Walden Lake, a 352-unit garden apartment community in Plant City, Florida, about 25 miles east of Tampa. The 23-building property is 95 percent leased and sold for $35.7 million. Senior Director Luis Elorza, Senior Director Brad Capas and Vice Chairman Robert Given, with Cushman & Wakefield’s Florida Multifamily Team, represented national real estate investment group Mercury Investment in the disposition of the property. The buyer is Bridge Investment Group, a privately held real estate investment and property management firm with multifamily and office assets throughout the United States. Plantation at Walden Lake was constructed in phases from 1990 to 1994, and offers a mix of well-appointed one-, two- and three-bedroom apartments. The property has 716 surface parking spaces. Amenities include a swimming pool, [...]

By | 2018-05-02T15:53:41+00:00 April 27th, 2018|In the News, Press Release|0 Comments