TAMPA BAY (October 27, 2023) – Zenith Industrial Outdoor Storage, a leading national owner and operator of industrial outdoor storage assets, announced today a new development aimed at expanding Industrial Outdoor Storage (IOS) in Clearwater, Florida. The project will span 20 acres and is expected to be completed in the first quarter of 2024. Franklin Street, a national full-service commercial real estate and insurance brokerage, has been tapped to assist with the leasing of this landmark development.
“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,” said Ben Atkins, CEO and co-founder of Zenith IOS. “Our experience in successfully revitalizing industrial land coupled with the rising demand for IOS space in Tampa gives us confidence that this new project will be well-received by tenants as soon as it’s ready to operate.”
The new 20-acre development represents a significant milestone in Tampa’s industrial real estate trajectory, offering a game-changing solution for businesses seeking industrial outdoor storage options. Strategically positioned less than three miles away from Clearwater airport, as well as minutes from I-275, U.S. HWY 19 and the Bayside and Gandy Bridges, the development will offer seamless connectivity to vital transportation hubs. The property is being meticulously designed to cater to the escalating demand for efficient industrial outdoor storage solutions. Specifically, the development will include perimeter fencing, advanced lighting, automatic gates, and a stabilized surface solution to accommodate any industrial outdoor tenants.
“There is a market need for greater IOS capacity in a county as dense as Pinellas,” said Franklin Street’s Brad Hutton, who together with Pat Kelly leads the firm’s Office and Industrial Services Team in Tampa. “This project will bring even greater investment, revenue and jobs to Greater Tampa.”
About Zenith IOS:
Zenith Industrial Outdoor Storage is a vertically integrated investment, development and management company that acquires institutional-quality outdoor storage assets across the United States. Zenith provides best-in-class storage solutions to a wide variety of users seeking critical logistic support at various points along the nation’s supply chain. For more information go to www.zenithios.com.
About Franklin Street:
Founded in 2006 during one of the toughest real estate climates, Franklin Street focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its lines of business, Franklin Street has grown to include seven business divisions – Investment Sales, Tenant and Landlord Representation, Capital Advisory, Insurance, Property Management and Project Management. With $7 billion in transaction value across all major product types, Franklin Street offers unmatched value and optimal solutions for clients nationwide. Headquartered in Tampa, Fla., the firm has teams located in top markets throughout the country and works with owners and occupiers of commercial real estate nationwide. Learn more about Franklin Street at FranklinSt.com.