Sweetwater Business Center Industrial Property Recapitalization
Sector: Residential • Location: Tampa, Florida, United States
Source: Tampa Bay Business & Wealth
Denholtz, a New Jersey-based real estate firm, recapitalized its Sweetwater Business Center, a nine-building industrial complex totaling 225,789 sq ft located in Tampa, Florida. The property was placed into a newly formed Delaware Statutory Trust (DX SB Industrial I DST) with a $42.54 million valuation, supported by a new $24 million mortgage from Bank of Montreal. The property is approximately 87
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | recapitalized |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Denholtz, a New Jersey-based real estate firm, recapitalized its Sweetwater Business Center, a nine-building industrial complex totaling 225,789 sq ft located in Tampa, Florida. The property was placed into a newly formed Delaware Statutory Trust (DX SB Industrial I DST) with a $42.54 million valuation, supported by a new $24 million mortgage from Bank of Montreal. The property is approximately 87.35% occupied with major tenants including The Home Depot, BayCare Health System, and Unified Women’s Healthcare. Denholtz plans to increase net operating income by improving occupancy, growing rents, and making targeted capital improvements, with an expected hold period of up to 10 years. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |