it@bakemorepies.com

Another 500,000 SF user surfaced last week, looking for land to buy in Lakeland for their own purposes. This is different from the other 500,000 SF that appeared looking for a build-to-suit to lease. That explains the flurry of developer activity and other large-scale contractors that are asking questions about…

A lot of the conversation this past week has been around large warehouse users looking for over 200,000 SF. That includes a 1.2 million square-footer touring through the state looking for land to build a large facility on. It’s a guarded secret and even the EDC representatives are confident it’s…

Locally, a lot of news revolves around the CSX Intermodal in the middle of the state, speculative construction in Tampa heating up, and our ports teaming up to market to users on a unified front (see links below). Although 3Q14 had less market-wide leasing activity and deal flow than previous…

  A local recycler has consolidated 3-4 smaller overflow facilities around East Tampa into a 107,000 SF lease, on short term while they construct their own building in a couple years. Businesses in Florida are reporting increased optimism in their business prospects for this year, and plan to invest in their companies…

Just as the economy is revving up around the country, we are gearing up as well locally. We have a drone-cam and have started thinking about ways to market and view property with it. Lesson 1: careful flying inside warehouses with columns! Here’s a short video of our marketing capabilities…

The governor of Florida was at a ground-breaking at a new flex/industrial product being developed in Pasco County at ComPark 75. The site is home to 2 new tilt-wall buildings, one a flex/grade-level product and the other a dock-high building being built as spec. They have some pre-leasing at the…

Have you listened to the conversations we’re having lately? When to build a speculative construction project, organic growth within existing tenant base, local developments and economic wins on the rise, new jobs being created, and Florida moving up in the ranks of population and job growth statistics! You’ll see articles…

It’s public info - Amazon is a go! They are to begin construction on the Ruskin site in Hillsborough County, per county commissioners. There could be ancillary users that need space near Amazon, so that’s another positive externality of this move. As of yet we can’t identify who or what…

Eureka! I know what’s going in Tampa finally, and this is based on feedback from prospecting calls we’ve been making. Users have excess space they couldn’t give back in the downturn, and as their businesses grow they are putting that excess space back into use. This doesn’t explain why we…

There was another cheap, cheap sale of an industrial building in East Tampa that is likely a redevelopment play. It is a 112,000 SF building next to IKEA on Adamo, which the adjacent owner bought for under $8/SF in order to assemble a large enough parcel, along with his existing…