Waterside Business Center Update 04/04/24

Investcorp Acquires Clearwater Business Park for $38.75 Million

 

 

New York-based Investcorp has acquired a business park in Clearwater, Florida for $38.75 million, according Pinellas County records. Public records indicate the seller was Genet Property Group. Waterside Business Center contains 284,170 square feet of industrial and flex space. The property is adjacent to a nature preserve, with the main entrance providing a scenic view of the fountain lake as well as showcased artwork. The center offers a unique opportunity for flex users with high ceiling heights (14′-22′), 3-phase electric power, and fire sprinklers. There is easy truck access with dock-high and grade-level loading doors available. Ideally located on the south side of Ulmerton Road between 49th Street and US-19, less than 2 miles from St. Petersburg/Clearwater International Airport and minutes to I-275 and Hwy 60. This centralized location allows for quick access to business services, restaurants, hotels and all parts of Pinellas County.

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