Milani Property buys former Hav-A-Tampa site for $4.7m

Milani Property bought the former home of the Hav-A-Tampa cigar company for $4.7m. The property development company paid just over $38 per sq ft for the 123,044 sq ft industrial building. The facility was built in 1981 on a 7.6-acre site in East Tampa. Franklin Street brokered the sale on behalf of the seller, Bisk Education Inc. “Tampa has a lack of quality industrial space available, and as a result, we received robust interest from users, investors and developers,” said Chris 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.”

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