Zenith Industrial Outdoor Storage will be launching a new Clearwater development on a 20-acre site.
The project is expected to be completed in the first quarter of 2024. Franklin Street has been tapped to lease the project.
“We’re very excited to partner with Franklin Street on this new IOS development, which will enable Zenith to better serve Tampa Bay area businesses in need of institutional-caliber outdoor storage solutions,” Ben Atkins, CEO and co-founder of Zenith IOS, said in a release.
Zenith purchased an 83-acre industrial park along 126th Avenue in 2022 for $27.5 million. The property included seven warehouses and roughly 30 acres of undeveloped land.
“There is a market need for greater IOS capacity in a county as dense as Pinellas,” Franklin Street’s Brad Hutton, who together with Pat Kelly leads the firm’s office and industrial services team in Tampa, said in a release. “This project will bring even greater investment, revenue and jobs to greater Tampa.”