State's largest distribution center sells for $126.5 million

Tampa-based Cushman & Wakefield investment sales team brokers deal with IP Capital Partners and Torchlight Investors for former Sears space

  • By Observer Staff
  • | 11:00 a.m. July 20, 2021
COURTESY PHOTO — Cushman & Wakefield Vice Chairman Mike Davis leads the firm's Tampa-based investment sales team.
COURTESY PHOTO — Cushman & Wakefield Vice Chairman Mike Davis leads the firm's Tampa-based investment sales team.
  • Commercial Real Estate
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A joint venture between IP Capital Partners and Torchlight Investors has acquired the state’s largest distribution center — a building of more than 44 acres under roof — for $126.5 million.

 

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