REPRESENTATIVE TRANSACTION
$1.6M Off-Market Industrial Acquisition in Tampa
THE OPPROTUNITY
Sourcing an Off-Market Industrial Opportunity
The opportunity originated through my proprietary direct-to-owner outreach platform. After a long-term outreach campaign, the property owner contacted me when the timing aligned with his disposition objectives.
I secured an exclusive listing assignment and strategically introduced the property to a targeted investor database before broad public exposure.
The strategy created an opportunity to connect a motivated owner with an investor seeking value-add industrial real estate in the Tampa market.
TRANSACTION SNAPSHOT
Property Type
Industrial / Value-Add Acquisition
Market
Tampa, Florida
Purchase Price
$1.60 Million
Transaction Type
Off-Market Acquisition
Occupancy at Acquisition
Vacant
Representation
Buyer & Seller
THE CHALLENGE
Evaluating a Vacant Value-Add Property
Because the property was delivered vacant, the acquisition required more than simply agreeing on a purchase price.
The buyer needed to evaluate lease-up potential, market rental assumptions, environmental conditions and physical and site-related considerations before completing the acquisition.
I helped coordinate the commercial real estate due-diligence process, including:
- Phase I Environmental Site Assessment
- Roof inspections
- Zoning review
- Wetland analysis
- Comparable industrial lease-rate analysis
- Market rent and lease-up considerations
- Value-add positioning
This provided the buyer with additional market information needed to evaluate the property’s potential and move confidently through the transaction.
TRANSACTION EXECUTION
From Owner Outreach to Closing
The owner was initially identified through a direct-to-owner prospecting campaign and contacted me when he was ready to consider a sale.
An exclusive listing agreement was executed on June 5.
The property was placed under contract on June 23.
The transaction closed on August 2 for $1.60 million.
From initial owner engagement through due diligence, negotiations and closing, I remained involved throughout the transaction.
THE OUTCOME
A Transaction That Created a Long-Term Investor Relationship
The transaction successfully converted a proprietary off-market opportunity into a $1.60 million industrial acquisition.
Just as importantly, the transaction established a new investor relationship.
That relationship ultimately resulted in the same investor completing a second acquisition with me the following year, demonstrating how disciplined deal sourcing and transaction execution can create opportunities beyond a single closing.
READY TO TALK?
LOOKING FOR COMMERCIAL REAL ESTATE OPPORTUNITIES?
Whether you’re looking to acquire commercial property, sell an asset or uncover opportunities that may not be broadly marketed, let’s talk about your objectives.