Franklin Street negotiated the sale of the former Hav-A-Tampa cigar company property located in East Tampa for $4.7 million. The 123,044-square-foot industrial building was purchased by Florida-based Milani Property, LLC. Chris Butler of Franklin Street represented the seller, Bisk Education, Inc., in the transaction.
“Tampa has a lack of quality industrial space available, and as a result we received robust interest from users, investors and developers,” said Butler, Managing Director of Office and Industrial at Franklin Street. “Franklin Street was able to find a buyer and close the transaction just six months after listing the property.”
Built in 1981, the property is located at 3901 Riga Boulevard just off US Highway 301 in Sabal Park. The property sits on 7.6 acres at the corner of Princess Palm Avenue and Riga Boulevard.
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