Business & Tech
187,000-Square-Foot Lease Signed at Manatee County Logistics Center
Lee & Associates Tampa Bay and Ian Black Real Estate Collaborated on the lease, bringing the development to more than 70% leased
In a powerful collaboration between Lee & Associates Tampa Bay and Ian Black Real Estate, a U.S.-based manufacturing company has leased 187,350 square feet of Class-A industrial space at Manatee County Logistics Center, located at 4425 24th Street East in Bradenton.
Julia Silva, SIOR, Erika Thompson, SIOR & Ben Ewers of Lee & Associates Tampa Bay, and Nick DeVito II, SIOR, and Brie Tulp, RPA, SIOR, of Ian Black Real Estate represented the landlord in the transaction. The property is being developed by Barron Collier Companies and Imminent Ventures | Development. The project is Florida-based Barron Collier Companies’ first planned industrial development in its 110-year history.
“Lee & Associates Tampa Bay and Ian Black Real Estate took a fresh approach to this assignment by partnering on the listing and bringing their unique expertise to the table,” said Robert Richter, CEO of Imminent Ventures | Development. “As a result, they were able to land a Fortune 500 company for the space. This lease marks a major milestone for the Bradenton submarket, reinforcing the region’s position as a growing hub for advanced manufacturing and distribution.”
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Located at the corner of US 301 and 44th Avenue East, Manatee County Logistics Center includes two 188,000-square-foot Class-A industrial buildings and adds more than 376,000 square feet of much-needed industrial space to area. The buildings share a 180-foot truck court, and boast 32-foot clear heights, 54-foot column spacing, and distinctive architectural elements that set it apart from other industrial projects in the region.
The developers have completed construction on Building 100 and Building 200, with 107,190 square feet still available for lease in Building 200. Building 100 has been fully leased by the latest tenant in its entirety.
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“This is truly a best-in-class industrial asset,” said Julia Silva, President of Lee & Associates Tampa Bay. “The developers have created a product that meets the highest standards of modern logistics design, and we look forward to completing the lease-up of Building 200.”
Earlier this year, two national manufacturing clients leased space in Building 200—a glass manufacturer (34,684 square feet) and a Building Supply Company (46,578 square feet)—both of which are now operational.
“When the developer broke ground on this property, Manatee County was reporting less than one percent vacancy in the industrial market, indicating an incredible need for new industrial space in the area,” said Nick DeVito II, Partner at Ian Black Real Estate. “The leasing momentum we’ve seen further underscores the demand for high-quality space in this corridor.”
“Given the quality of this development and proximity to major transportation corridors, the site is ideal for manufacturing and distribution users,” added Brie Tulp, Sales Associate at Ian Black Real Estate.
For leasing information, contact Lee & Associates Tampa Bay, Julia Silva 813-230-8008 or Ian Black Real Estate, Nick DeVito 941-928-1243, or visit manateecountylogisticscenter.com.
About Lee & Associates Tampa Bay
Lee & Associates Tampa Bay is a full-service commercial real estate firm providing brokerage, property management, and consulting services throughout Florida. As part of the national Lee & Associates network, the firm combines local expertise with national reach to deliver strategic real estate solutions. For more information, visit lee-associates.com/tampa-bay.
About Ian Black Real Estate
Ian Black Real Estate (IBRE) is a boutique commercial real estate brokerage firm located in Sarasota, Fla. The firm is one of the largest commercial brokerage firms in Southwest Florida and boasts a deep knowledge of the commercial real estate market in Sarasota and Manatee counties and the surrounding area. For more information, visit ian-black.com.
About SIOR
SIOR is the leading global professional office and industrial real estate organization that certifies commercial real estate service providers with the exclusive SIOR designation, based on achievement, knowledge, accountability and ethical standards. Only the industry’s top professionals qualify for SIOR. Today, there are more than 3,200 members in 685 cities and 36 countries. For more information, visit www.sior.com
