- December 4, 2025
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The Stro Cos. and the Kushner Real Estate Group, a pair of New Jersey investors with a growing portfolio in the region, have bought another local industrial property.
This time the companies bought a nearly 82,000-square-foot building in Tampa’s Drew Park.
The property is at 44707 N. Manhattan Ave.
Stro and KRE did not disclose a sale price, but according to Hillsborough County records, it sold for $10.12 million. The previous owner, Brock Adams LLC, paid $5.28 million for it in 2019.
The 81,983-square-foot facility sits on 5.74 acres and includes approximately 2 additional acres of excess land, the firms say. It has 24-foot average clear height, dock-high and grade-level loading, office/showroom space, institutional-grade outdoor storage and access to Dale Mabry Highway and Hillsborough Avenue.
Drew Park, which backs up to Tampa International Airport and is near Raymond James Stadium, is a mostly industrial neighborhood in the city populated with warehouses, used car lots and mechanic and paint shops. It is also well known as a notorious gathering spot, particularly in the evening, because of the large number of adult movie theatres and adult bookstores spread out across the neighborhood.
The purchase is the second in the past month for Stro and KRE. The pair announced in late July that they had bought a 52,000-square-foot last-mile logistics facility at 11116 47th Street in Pinellas Park.
And in March, the pair paid $3.9 million for a 19,422-square-foot industrial property on Cypress Street just off Westshore Boulevard.
With this latest purchase, it now owns six properties in the market.
Stro Cos. was founded in 1994 and its portfolio is made up of 4.6 million square feet of mostly industrial space in and around New Jersey and Florida.
Kushner's multifamily portfolio includes more than 9,000 apartments, with 7,000 more in the process of getting approved and built. The firm also owns and manages more than 6 million square feet of office, warehouse and retail space.
