Keating Resources Buys Property in South Tampa
Press, Real Estate | July 30, 2019
The property hosts nearly 32,477 square feet of industrial real estate on 10.5 acres near MacDill Air Force Base
Naples, Florida-based Keating Resources (www.keatingresources.com) recently purchased a 10.5 acre land site including a collection of 32,477 square feet of industrial real estate in the historic Port Tampa neighborhood from VFC Properties 20, LLC. The site, located at 6603 South Trask Street, Tampa, FL, is a former USDA certified milk packaging and distribution center and the long-time home of Reilly Dairy and Food Co. The property closed on July 15, 2019 for $2,550,000, another sign of Tampa’s booming real estate market. VFC Properties 20, LLC was represented by Tampa-based broker Jeanette Jason of Cushman Wakefield.
Keating Resources CEO Gerard Keating felt the site’s existing infrastructure and strategic location were the main factors of why the firm expanded its presence in the Tampa Bay market. The site boasts thirteen (13) dock-high doors, five (5) grade-level doors, as well as 15,000 square feet of cold storage space available to be reactivated as coolers. The property is one of the only industrial sites located south of Gandy Boulevard between Westshore and Manhattan, making it just one mile from the front gate of MacDill Air Force Base. The site is currently zoned as industrial (IG), but future re-zoning to multifamily increases the potential upside for the Naples-based firm, Keating said.
Keating Resources will soon celebrate the purchase or development of 1,000,000 square feet in Tampa Bay in less than 48 months. To learn more about Keating Resources visit www.keatingresources.com and/or call Gerard at 402-925-5113. Keating Resources, with offices in Florida and
Nebraska, invests in value-add real estate, logistics, agriculture, and energy assets.
ABOUT KEATING RESOURCES
Keating Resources invests in value-add real estate and agriculture. Since December of 2015, Keating Resources has purchased over 700,000 square-feet of existing urban industrial buildings in Tampa. To learn more about Keating Resources visit www.keatingresources.com and/or call CEO Gerard Keating at 402-925-5113.