The Stro Cos. and the Kushner Real Estate Group, a pair of New Jersey investors with a growing portfolio in the region, have bought another local industrial property.
This time the companies bought a nearly 82,000-square-foot building in Tampa’s Drew Park.
The property is at 44707 N. Manhattan Ave.
Stro and KRE did not disclose a sale price, but according to Hillsborough County records, it sold for $10.12 million. The previous owner, Brock Adams LLC, paid $5.28 million for it in 2019.
The 81,983-square-foot facility sits on 5.74 acres and includes approximately 2 additional acres of excess land, the firms say. It has 24-foot average clear height, dock-high and grade-level loading, office/showroom space, institutional-grade outdoor storage and access to Dale Mabry Highway and Hillsborough Avenue.
Drew Park, which backs up to Tampa International Airport and is near Raymond James Stadium, is a mostly industrial neighborhood in the city populated with warehouses, used car lots and mechanic and paint shops. It is also well known as a notorious gathering spot, particularly in the evening, because of the large number of adult movie theatres and adult bookstores spread out across the neighborhood.
Stro and KRE did not disclose a sale price, but according to Hillsborough County records, it sold for $10.12 million. The previous owner, Brock Adams LLC, paid $5.28 million for it in 2019.
The 81,983-square-foot facility sits on 5.74 acres and includes approximately 2 additional acres of excess land, the firms say. It has 24-foot average clear height, dock-high and grade-level loading, office/showroom space, institutional-grade outdoor storage and access to Dale Mabry Highway and Hillsborough Avenue.
Drew Park, which backs up to Tampa International Airport and is near Raymond James Stadium, is a mostly industrial neighborhood in the city populated with warehouses, used car lots and mechanic and paint shops. It is also well known as a notorious gathering spot, particularly in the evening, because of the large number of adult movie theatres and adult bookstores spread out across the neighborhood.
