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Transactions - MAY 29, 2024

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Reich Brothers acquires 61,000sf distribution facility in Tampa, Fla.

by RELEASED

Reich Brothers announced the acquisition of a 61,000-square-foot warehouse in Tampa, Fla. The concrete tilt-up warehouse is well located off Interstate 75, the I-4 corridor and a short distance to the Port of Tampa Bay. The facility is currently leased to a Fortune 500 national supplier and boasts 30-foot clear ceiling heights, multiple loading positions and three-plus acres of paved outdoor storage.

This acquisition marks Reich Brothers’ first foray into the Tampa market as it continues to expand its growing portfolio both in the Southeast and nationally.

"The Tampa industrial market is one of the most in-demand markets nationally, continuing to demonstrate above-trend growth and strong fundamentals,” said Michael Reich, managing partner of acquisitions of operations at Reich Brothers. “This facility is a terrific addition to Reich's portfolio and is indicative of our ability to execute seamlessly in challenging macroeconomic environments. Reich Brothers will lo

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