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Thor Equities Group Acquires $37M, 13-Property Industrial Portfolio in Tampa
Thor Equities Group has completed the $37-million acquisition of a 13-property, 402,000-square-foot industrial portfolio in Tampa, FL from RS Tampa International. The buildings range in size from 5,500 to 78,700 square feet.
Pat Kelly and Brad Hutton of Franklin Street brokered the transaction on behalf of the buyer.
“Tampa is a rapidly growing market that has quickly established itself as a leading industrial hub in the Southeast,” said Joe Sitt, chairman of Thor Equities Group. “As the migration to FL surges, this acquisition is fitting with our strategy to invest in well-located assets with accessibility to growing populations.”
The portfolio is comprised of warehouses and distribution facilities throughout Tampa’s Westshore/Airport and Eastside submarkets and provides access to 20 million consumers in a 200-mile radius. The portfolio was 98% leased at the time of sale to tenants such as Thermotech Enterprises and Superior Pool Products.
- ◦Sale/Acquisition
