The new construction will include four buildings, each withabout 70,000 sf. The buildings will have rear load configurationsand two buildings will share a truck court. The project cost hasnot yet been determined. The first two buildings are expected to becompleted as early as the first quarter of 2009. A completion datehas not yet been determined for the remaining two buildings,ProLogis vice president and market officer for Tampa David Hickstells GlobeSt.com.

Hicks says the project will be similar to those completed forother clients. ProLogis customers in Tampa include BunzlDistribution, Corporate Express, Verizon, Houston Wire & CableCo. and Cintas Corp. "This building is in line with the ones we'vedone for our typical customer, which is a large corporation withdistribution or warehouse needs," Hicks says.

The project is located three miles west of the intersection ofInterstate 75, US Highway 301 and US Route 41. It is also locatedsix miles from Downtown Tampa and near Interstate 4 and Highway 60."Tampa is a land constrained market and industrial sites are hardto find," Hicks says. "This project will provide access to all themajor truck roads in the area."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.