Tampa/St. Petersburg/Pasco/Polk
Industrial dealings: Redfearn Capital, a Delray Beach private equity commercial real estate firm, has bought an industrial site in Tampa. The property is off Interstate 75 at 10301 Fisher Ave. on Tampa’s east side. The company paid $5.8 million for the property. The previous owner was a family trust that paid $199,700 for it in 1997. A Redfearn spokesperson says in an email that the building is 35,000 square feet with a clear height of 27 feet. It sits on a 4-acre parcel, with 2 acres of outdoor storage. Wesco International is the current tenant. Redfearn was founded in 2014 and currently owns 4.77 million square feet of space, according to its website. In all, it has $750 million in assets under management and more than 250 active tenants in three states. Among its other Florida holdings are three properties in Clearwater and one each in Lakeland, Palmetto and Naples.
Original article posted on Business Observer
