Franklin Street Arranges 20K-SF Lease with Industrial Outdoor Storage in Tampa Bay
By Post
Tampa Bay Newswire
Published: Oct 18, 2023

TAMPA BAY (October 18, 2023) – Franklin Street, a leading Tampa-based commercial real estate and insurance brokerage, announced today the lease of a 20,000-square-foot indoor building space coupled with 1.5 acres of industrial outdoor storage at Sunshine Industrial Park in Clearwater, Florida.

Franklin Street’s Office and Industrial Services Team of Pat Kelly and Brad Hutton arranged the lease on behalf of the landlord, New York-based Zenith Industrial Outdoor Storage (IOS). The tenant is White Cap, L.P., represented by Trey Carswell and Sam Arthur of Cushman & Wakefield. The strategic move represents White Cap’s expansion plans within the park as they relocate and scale up their operations.

“This transaction exemplifies the kind of constructive collaboration between tenants and landlords that we look for with every deal we broker,” said Franklin Street’s Pat Kelly. “White Cap’s need for both indoor and outdoor storage aligns perfectly with the offerings of Sunshine Industrial Park and property management expertise of Zenith IOS. We are proud to have played a role in fostering this partnership”.

White Cap is a Norcross, GA-based vendor of construction tools, materials, and supplies to professional contractors across the United States. Expanding its Tampa operations to the Sunshine Industrial Park reflects the city’s recent building boom and will provide greater accessibility to vital transportation networks. Situated at 5303 126th Avenue N., it is conveniently located near St. Pete-Clearwater Airport and connected to major roadways including U.S. Route 19 and I-275.

“Construction suppliers need the space to store a wide variety of materials and equipment, and the connectivity to deliver them to job sites throughout the area,” said Daniel Laub, COO of Zenith IOS. “Our tenants, like White Cap, choose to work with us because we understand their needs and know how to collaborate with local partners like Franklin Street to meet them.”