GTIS Partners acquired a 116-acre site in East Tampa for a two-building logistics project along the Interstate 4 corridor, adding new industrial capacity in one of the region\u2019s primary distribution corridors.<\/p>\n
The New York-based real estate<\/a> investment firm plans to develop 4Ward Logistics Center, a 382,500-square-foot Class A industrial project with two rear-load distribution buildings. Delivery is expected in the second half of 2027.<\/p>\n The site includes frontage on Interstate 4 and access to nearby interchanges, providing connectivity to regional distribution routes and Port Tampa Bay<\/a>. JLL will handle leasing and marketing for the project.<\/p>\n The purchase price, seller and exact site location were not disclosed. A timeline for construction start and whether the buildings will be developed on a speculative basis or pre-leased also were not provided.<\/p>\n Read the latest Tampa news and updates<\/a><\/p>\n The investment reflects GTIS\u2019s focus on smaller-format industrial properties in established logistics corridors, where tenant demand has remained steady.<\/p>\n \u201cWe continue to see strong fundamentals in well-located industrial submarkets with access to major transportation infrastructure,\u201d said Lee Lineberger, vice president at GTIS.<\/p>\n The project is located within a designated Qualified Opportunity Zone and is capitalized through GTIS Opportunity Zone Fund II, which targets investments in undercapitalized areas across the United States.<\/p>\n The Tampa project is the firm\u2019s 17th industrial investment. GTIS\u2019s U.S. industrial portfolio totals more than 10 million square feet across Florida, Texas, Georgia and the Carolinas.<\/p>\n The acquisition contributes to ongoing industrial development along the I-4 corridor, which serves as a key link between Central Florida population centers and port<\/a> infrastructure.<\/p>\n Read More Tampa Bay Business News<\/p>\n \n Explore the latest Tampa Bay<\/a> business<\/a> news<\/a>, real estate deals, development projects, executive moves and company updates shaping the region.\n <\/p>\n \n\tRelated\n<\/p>\n \t\tPost navigation<\/p>\n","protected":false},"excerpt":{"rendered":"GTIS Partners acquired a 116-acre site in East Tampa for a two-building logistics project along the Interstate 4…\n","protected":false},"author":2,"featured_media":234310,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[61002,135,137,136],"class_list":["post-234309","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-left","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/234309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=234309"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/234309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/234310"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=234309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=234309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=234309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}