JLL Brokers Sale of 493,000-SF Industrial Portfolio in East Tampa

Reuters12-18 06:55
JLL Brokers Sale of 493,000-SF Industrial Portfolio in East Tampa

Jones Lang LaSalle Inc. $(JLL)$ Capital Markets announced the sale of the Tampa Infill Logistics Portfolio, a 492,957-square-foot small bay industrial complex located in East Tampa, Florida. The portfolio comprises nine buildings across two industrial parks—Adamo Distribution Center and Commerce Park Distribution Center—spanning a total of 25.6 acres and currently 94 percent occupied by 28 tenants from 15 industries. JLL represented the seller and arranged acquisition financing for the buyer, East Capital Partners. The properties are strategically positioned near major transportation hubs, offering significant last-mile and regional logistics advantages.

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