Sign up for free newsletter

 

Bottles

Gramercy Property Trust acquires USD9.5m Tampa industrial facility


Gramercy Property Trust has closed the acquisition of an approximately 176,000-square-foot production and warehouse bottling facility located in Tampa, Florida.

The building is 100 per cent leased through January 2020 to a beverage producer.
 
Year one net operating income is approximately USD748,000 (7.9 per cent initial cap rate; 8.2 per cent annualised straight-line cap rate) with annual rent escalations throughout the lease term.
 
The facility was acquired all-cash for a purchase price of approximately USD9.5 million.

events
2 days 23 hours from now - London
3 days 23 hours from now - London
3 days 23 hours from now - New York
4 days 16 hours from now - London
listingsdirectory
Maitland
Thu, 29/09/2016 - 21:25
Meyler Capital
Tue, 06/09/2016 - 15:57
Nasdaq
Tue, 30/08/2016 - 11:02
training
Mon, 03/10/2016   - London
Mon, 03/10/2016   - London
Tue, 04/10/2016   - London
specialreports
other gfm publications