Geneva Group-Genet Property Expand Joint Operations in Tampa, Florida
01/18/2019
This institutional grade asset is 201,620 SF and is comprised of seven buildings on over 15 acres. The group reported it intends on holding and managing the asset long term as they begin building their portfolio in the Tampa market. According to company officials the two firms have significant market share of this asset class on the east coast and are extremely enthusiastic with the Tampa MSA.
"With assets already in Lakeland and Tampa, it's our focus to build economies of scale in the Tampa market," said Jarred Elmar, Managing Partner of the Geneva Group. He goes on to say, "Tampa has never seen a boom like they're experiencing right now and we want to be a part of it for decades to come."
"Tradesman are thriving, last mile distribution is the buzz phrase, and with little to no construction plans slated in the market for small bay projects, this is textbook supply and demand," says Elmar.
With the likes of Jeffrey Vinik, Owner of the Tampa Bay Lightning and Bill Gates investing billions in the Tampa market, Geneva and Genet aren't the only groups focused on this booming market.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024