Commercial Real Estate, Capital, Insurance, Leasing & Management

Former cigar company HQ sells for $4.7M

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Chris Butler, managing director, negotiated the sale of the former Hav-A-Tampa cigar company property, which includes a 123,044-square-foot industrial building built in 1981.

Excerpted from Business Observer story.

TAMPA — A 7.6-acre parcel in east Tampa that formerly housed the Hav-A-Tampa cigar company has been sold for $4.7 million.

Franklin Street negotiated the sale of the property, which includes a 123,044-square-foot industrial building built in 1981. It’s located at 3901 Riga Blvd. and had been owned by Bisk Education Inc.

Palm Harbor-based property development company Milani Property LLC is the buyer, according to a statement. 

“Tampa has a lack of quality industrial space available, and as a result we received robust interest from users, investors and developers,” states Chris Butler, managing director of office and industrial at Franklin Street, in the press release. “Franklin Street was able to find a buyer and close the transaction just six months after listing the property.”

For full story, visit https://www.businessobserverfl.com/article/former-cigar-building-tampa-sold

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