July 7, 2022

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Floor breaks on 60,000 sq. toes of in-town industrial warehouse in Sarasota

SRQ Distribution Campus broke floor final week close to the Sarasota Bradenton Worldwide Airport. Pictured from left to proper: Ruth Buchanan and Che Barnett of Manatee County’s Financial Growth Division; Melissa Harris of Ian Black Actual Property; Susan Courter and Matt Padgett of R.E. Crawford Building; Cary Hicks and Ken Pierce of 7201 fifteenth St LLC; Ian Black of Ian Black Actual Property; Pete Karamitsanis of Invision Advisors; and Teresa Oxford of R.E. Crawford Building.

SRQ Distribution Campus to develop on current workplace and warehouse area in park previously generally known as Biotech Campus

SARASOTA, Fla. – An area developer broke floor final week on 60,000 sq. toes of sunshine industrial area lower than a mile from the Sarasota Bradenton Worldwide Airport that can considerably develop an industrial park beforehand generally known as Biotech Campus.

7201 fifteenth St LLC – a partnership entity that features Cary Hicks, Ken Pierce and Mark Levey – is constructing three 20,000-square-foot warehouse buildings at 7201 fifteenth St E in Sarasota. The venture expands the economic park, which incorporates an current 18,800-square-foot workplace constructing and 12,500-square-foot warehouse. The commercial park will likely be renamed SRQ Distribution Campus.

Melissa Harris, SIOR, and Steve Horn, CCIM, of Ian Black Actual Property will handle leasing of the vacant workplace constructing and new warehouse improvement. The prevailing warehouse is at present leased to a long-term tenant.

“This can be a distinctive alternative for gentle industrial customers in search of an in-town, smaller-footprint alternative with a few of the engaging options sometimes discovered solely at giant industrial websites,” mentioned Harris, gross sales affiliate at Ian Black Actual Property. “Most current and new building stock of 20,000 sq. toes or much less on this market doesn’t have truck-wells or tilt-wall building, however SRQ Distribution Campus will.”

Of the warehouses below building, Constructing One will embrace 400 sq. toes of workplace area and 19,600 sq. toes of warehouse area, whereas Buildings Two and Three will every embrace 800 sq. toes of workplace area and 19,200 sq. toes of warehouse area. Along with truck-wells and tilt-wall building, the brand new Class A warehouses will function 26-foot clear top. SRQ Distribution Campus is situated in south Manatee County, a half-mile from the Sarasota Bradenton Worldwide Airport, which is the one main industrial airport between Tampa and Ft. Myers.

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“The shortage of accessible industrial area within the space makes this a gorgeous alternative to corporations in search of new, ready-to-move-in area,” Hicks mentioned. “The accessible workplace may result in an organization having headquarters onsite and operations/distribution on the property.”

The prevailing workplace property, which was not too long ago extensively renovated, is prepared for quick occupancy. The three warehouses below building are anticipated to be accomplished in late October 2022. R.E. Crawford Building is the overall contractor, Cavoli Engineering is the civil engineer and CA3 is the architect for the event venture.

About Ian Black Actual Property
Ian Black Actual Property (IBRE) is a boutique industrial actual property brokerage agency situated in Sarasota, Fla. The agency is without doubt one of the largest industrial brokerage corporations in Southwest Florida and boasts a deep data of the industrial actual property market in Sarasota and Manatee counties and the encircling space. For extra info, go to ian-black.com.

About SIOR
SIOR is the main world skilled workplace and industrial actual property group that certifies industrial actual property service suppliers with the unique SIOR designation, primarily based on achievement, data, accountability and moral requirements. Solely the business’s prime professionals qualify for SIOR. Immediately, there are greater than 3,200 members in 685 cities and 36 international locations. For extra info, go to www.sior.com