TAMPA, FL (May, 21, 2015) Bob Dikman, Chairman and CEO of The Dikman Company represented the buyer, Austin McDonald of McDonald Development Company in the purchase of 67 acres located at 301 Columbus Drive in Tampa, Florida for a proposed 900,000 sq. ft. of industrial space. A series of four buildings ranging between 120,000 – 350,000 sq. ft. is planned for the site. This is McDonald’s first entry into the Tampa Bay market and will be added to their portfolio of 7,000,000 sq. ft. in the southeast U.S.
“After more than a decade of success in the Orlando market, McDonald is excited to expand upon its Central Florida developments by entering into the Tampa market,” stated McDonald. “We believe the site is the last significant industrial site within the established boundaries of the Tampa East submarket. Bob Dikman was instrumental in putting us on this site early, before it officially came to market, which ultimately led us to be successful in acquiring it,” he continued.
McDonald said they plan to start building institutional quality industrial product this year for delivery in 2016.
About McDonald Development Company
McDonald Development Company is a privately owned industrial real estate development company that was founded in 1988 and has developed over 10 million square feet of real estate. The company specializes in developing industrial real estate across the southeastern United States. McDonald is headquartered in Atlanta, Georgia and also maintains office in Orlando, Florida and Charlotte, North Carolina. The company has numerous parks which are in various stages of development and is also aggressively seeking new development opportunities.
About The Dikman Company
The Dikman Company is a Commercial/Industrial Real Estate Services firm that has been providing clients throughout Florida with a full range of commercial real estate services since 1983. Commercial real estate services include: sales, leasing, property management, tenant representation, investment counseling and asset analysis. For more information, visit www.Dikman.com.