Clearwater firm brokers sale of Hillsborough industrial property

A 1.28-acre industrial flex property in Hillsborough County has sold. The buyer: its next-door neighbor.

The commercial real estate firm Hold-Thyssen, which announced the sale and represented the seller, says the land is at 7812 Symmes Road in Gibsonton, a rural community between Tampa and Manatee County.

According to the firm, the buyer was Riverview developer Lovegren Symmes Development. It paid $800,000.

The land adds 246 feet of frontage on Symmes Road to its existing property adjoining the site. That additional frontage, Hold-Thyssen says in a statement, “enhances the property's visibility and development potential while strengthening plans to expand affordable housing opportunities within the Gibsonton community.”

Before the sale, Hold-Thyssen negotiated a short-term warehouse lease for 1,322 square feet for boat and RV storage.

The firm’s Sandy Hall represented the seller, Gibtown Enterprises, and negotiated the deal.

Hold-Thyssen is a commercial real estate firm with offices in Clearwater and Winter Park. It specializes in property management, receivership, asset stabilization and repositioning of office, retail and industrial properties in the state and the Southeast.

Hall works in its Clearwater office.