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Sunstate Park
Update
08/25/23
CIP Real Estate Acquires Industrial Portfolio in Tampa for $27.25 Million
CIP Real Estate acquired a portfolio of five flex/industrial properties in Tampa totaling 180,439-square feet of space. According to Hillsborough County records, CIP Real estate paid $27.2 million. Records show that CIP secured a mortgage for $16.2 million from Nassau Life and Annuity Company. The five properties are: 4901 West Waters, a 29,532-foot building on a 2.8-acre site; 4893 West Waters, which includes four buildings totaling 73,455-square feet on a 7.22-acre site; 8412 Sunstate Street, a 29,982-square foot building on a 2.54-acre site; 8424 Sunstate Street, a 29,982-square foot building on a 2.35-acre site; 8403 Sunstate Street, a 17,488-square foot building on a 1.76-acre site. The properties are located in an industrial park approximately five miles north of Tampa International Airport and close to the Veteran’s Freeway.
