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NVGTN Sells, Leases Back Trinity Warehouse
NVGTN has sold its Trinity, Florida, warehouse, but has agreed to sign a long-term lease to stay put. Cushman & Wakefield represented the lifestyle activewear brand in the $22.5 million sale/leaseback of Trinity Commerce Center in Trinity, near Tampa, to Greek Real Estate Partners. Greek Real Estate Partners Alex Motiuk added, “Florida’s powerful growth trends align with our strategy to develop and acquire for the long-term in dynamic, densely populated markets.”
NVGTN was represented in its transaction by Cushman & Wakefield’s Rick Brugge, Mike Davis, and Rick Colon, in collaboration with Trey Carswell and Lisa Ross of the firm’s industrial leasing team.
Located at 1990 Corporate Center Dr., Trinity Commerce Center is 100,000 square feet and was completed in 2024. The industrial facility is fully leased to NVGTN.
Founded in 2018, NVGTN claims it has quickly become one of the fastest-growing clothing brands in the United States, boasting customers in over 180 countries.
- ◦Lease
- ◦Sale/Acquisition
