Tampa's Largest Industrial Block Just leased

MIAMI—The largest class A industrial vacancy in the Metro Tampa Bay market has just been filled. HD Supply Facilities Maintenance, a supplier of maintenance, repair and operations products, inked a deal with Industrial Developments International (IDI) to lease 229,308 square feet in Madison Business Center.

Brian Rettig and Kevin Hoover from CBRE represented HD Supply. Rick Narkiewicz from CBRE represented IDI.

"HD Supply relocated to Madison Business Center to be closer to some of their major distribution end points, making them even more accessible to their centers of operation while providing more efficient logistics," says Larry Dinner, vice president of leasing in IDI's Florida office. "This lease is a testament to HD Supply's growth and demonstrates the growing demand within the market."

HD Supply plans to use this space as a center for the distribution of janitorial supplies. The 385,619-square-foot building has 30-foot clear heights, trailer storage and access to Tampa's main thoroughfares. With this lease, Building A still has 156,311 square feet of space remaining, making it now the largest class A industrial space available in the seven-county metropolitan area.

Madison Business Center is a 58-acre industrial development located off US Route 41. The site is close proximity to Interstates 4 and 75. The Port of Tampa is 6 miles away; Downtown Tampa is 9 miles away; and Tampa International Airport is 15 miles away.

Delivered in 2008, Madison Business Center has 532,000 square feet developed to-date across two buildings. Three additional building sites are planned, ranging from 100,000 to more than 200,000 square feet.

Madison Business Center is one of the last industrial sites remaining for industrial development in the core East Tampa Distribution Market. The five-building-development totals nearly 1 million square feet.