Brennan Investment Group has acquired six surplus industrial buildings totaling 308,908 square feet in Plant City, Fla., in the Tampa metro area.
The seller, Paradise, is a producer and distributor of Candied Fruit brands throughout the country.
“The Plant City and Eastern Hillsborough market has seen unprecedented growth in the industrial sector over the last three years,” said Bob Krueger, managing principal at Brennan Investment Group. “The Paradise Commerce Center provides a unique opportunity to accommodate many uses, including manufacturing, distribution and commercial. The location, which is just minutes off Interstate 4, fronts on Alexander and Martin Luther King boulevards, two of the main highways through Plant City.”
The properties are a mile off the I-4 Corridor, running between Tampa and Orlando. The Tampa market has demonstrated strong fundamentals, with positive net absorption of more than 1 million square feet year-to-date and a vacancy r
