Global real estate firm Hines announced the start of construction for phase one of Tampa Commerce Center, a state-of-the-art industrial park comprised of four buildings in Tampa. This is Hines’ first industrial project in the area. Phase one will total nearly 400,000 square feet and will consist of two buildings built simultaneously, featuring the latest Class-A warehouse specifications.
Building 100 is a 150,000-square-foot rear-load building with 32-foot clear heights. Building 400 is a 250,000-square-foot cross-dock building with 36-foot clear heights. With easy access to I-75 and I-4, proximity to Tampa’s central business district, and a diverse mix of size configurations; Tampa Commerce Center will cater to a broad set of industrial users in e-commerce, logistics, and food and beverage sectors.
Construction to be completed by the end of 2022
“This is an untapped market with strong growth potential for the industrial sector, we look forward to delivering a best-in-class asset to the area to meet the region’s distribution needs,” shared Ryan Wood, managing director at Hines.
Construction on phase one of Tampa Commerce Center is expected to be completed in Q4 of 2022. The project was designed by Randal Paulson Architects and is being constructed by Miller Construction Company. Hines has selected JLL to serve as leasing agent.
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