June 27, 2022

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Colliers represents landlord in Tampa’s largest industrial lease of 2021

EnviroFocus Applied sciences LLC, doing enterprise as Gopher Useful resource LLC, has leased 206,382 sq. toes in a warehouse at 1820 Massaro Blvd. within the East Tampa submarket.

EnviroFocus Applied sciences LLC, doing enterprise as Gopher Useful resource LLC, has leased 206,382 sq. toes in a warehouse at 1820 Massaro Blvd. within the East Tampa submarket. That is the most important industrial lease transaction in Tampa in 2021.

Robyn Hurrell and Oliver de la Croix-Vaubois of Colliers represented the owner, 1820 Massaro Boulevard, LP, within the lease transaction. Kostas Stoilas of Fortress Industrial Actual Property represented the tenant.

With this new facility, Gopher Useful resource will consider alternatives to consolidate their operations from two different close by properties – positioned at 8800 Adamo Drive and 5000 N Falkenberg Highway.

“1820 Massaro permits the tenant to remain in the identical normal geography, retain their current labor base and in addition consolidate their operations underneath one roof in a facility that gives superior ease of entry for distribution functions,” stated Robyn Hurrell, Government Managing Director, Colliers.

Gopher Useful resource is a nationwide environmental options supplier that focuses on recycling lead-based batteries all through North America. Operations on the warehouse at 1820 Massaro Blvd. will contain receiving uncooked batteries and distributing them to a recycling plant.

Key highlights of the warehouse at 1820 Massaro Blvd. embody exterior storage capabilities, extra trailer drops for overflow parking, wonderful entry to main thoroughfares and 4 factors of ingress and egress.

“1820 Massaro is uniquely positioned available in the market as the one current warehouse with cross-dock emptiness amongst each Class A and Class B industrial belongings,” stated Hurrell. “This property caught the attention of many occupiers in search of trailer drop positions and potential areas for outdoor storage.”

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For the reason that mid-2000s, Refresco had occupied 75% of the warehouse, till vacating in December 2020. In January 2021, upon Refresco’s vacating the property’s 310,629-square-foot unit, Colliers secured two short-term leases for the property.

“We have been proactive in our leasing initiatives and employed methods to maintain asset money circulate pretty regular with short-term leases till we may safe a long-term lease like that signed by Gopher Useful resource,” Hurrell stated.

Colliers continues to market the extra leasing alternatives on the property.

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a number one diversified skilled companies and funding administration firm. With operations in 67 international locations, our greater than 15,000 enterprising professionals work collaboratively to supply skilled recommendation to actual property occupiers, homeowners and buyers. For greater than 25 years, our skilled management with vital insider possession has delivered compound annual funding returns of virtually 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion together with associates) and $40 billion of belongings underneath administration, we maximize the potential of property and speed up the success of our shoppers and our individuals. Study extra at company.colliers.com, Twitter @Colliers or LinkedIn.