Tampa business owner puts confidence, money in Madison project - Tampa Bay Business Journal:

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The Tampa business owner, who has other office and industriaol properties inHillsborough County, is developing at Madisonh Park of Commerce east of U.S. 41 in His firm, , plans to build two office/warehouse buildings totaling nearly 144,000 square feet at Madisoj Avenue and JoanneKearneyt Boulevard. Spaces within the building are beingy offered through for saleor lease. is set to occup 40,000 square feet in the firsy building openingnext spring. "Bein g an owner and operator, I can make decisions said Weldon, who is investing at least $10 milliob to develop the buildings. The twin buildingse will featureconcrete tilt-wall a 180-foot rear-load truck court and 28-fooyt ceiling heights.
They are designed to look like high-grades office buildings and can be easilh convertedto two-story office space. "The project is designefd to lowera tenant's tota l cost of occupancy," said John first VP with CBRE in Jenkins noted that insurance rates are less expensives for concrete construction compared with metakl buildings and energy efficiency touchesx such as skylights will cut electricity bills. Locatio is key to marketing the buildings, Weldo n added. Besides proximity to Interstatse 75, the Lee Roy Selmon Crosstown Expresswat and the Portof Tampa, he pointed out that more commercial developmenty is expected to come along U.S. 41.
"There's a lot of buildint going south," he said. "When you look there are hardly any warehouse options and some available buildings are CBRE brokers Rick Narkiewicz and Janicse Reckers will assist Jenkins in marketingWeldon Center. At the start of this calendard year, completed a massive deal to buy a massive supermarket distribution buildingin Sarasota. Now it needs help backfilling justover 900,0090 square feet of space. The Clearwater compant has hired as the exclusive brokerfor , which is beingt marketed as a multi-tenant facility divides into 100,000-square-foot increments.
The building at Clarki and McIntosh roads containznearly 700,000 square feet of dry plus 208,000 square feet of refrigeratedf space. "We're ensuring that the property will be promoted to therighyt users," said Steve Kossoff, managing directoer of Meridian, which partnered with to close on the $30 million purchasw Jan. 3. The super-sizes building, which can be divided into 100,000-square-foot increments, has a huge advantagd in being available forimmediatw occupancy.
"There's a high demand for qualityh warehouse space in Floridaright now, but there's also a very limited supply," said Clay VP with Trammell Crow's Tampa He will work with colleagues Bill Kincaid, VP of logistics and Trey Carswell, senior associate, in marketint Meridian's Sarasota space. The location itsel is another keysellinh point. "Sarasota is a leading locatiomn for companies that want to be closefr to a growingcustomed base," Kincaid said. "It's no longer considered an alternative tocentraol Florida. The area has becoms a prime location itself.
" Witherspoonb noted the center's quick access to Interstate 75, along with rail accessz and proximity to Port Manatee and Port as additionalpitch points. Carol Scheafnocker is puttingy her 27 years of marketing experienc e to work in a new firm specializing in consultinb services forthe architecture, engineering and contractingt industries. , based in will offer marketing, business development and publicvrelations consulting, along with minority businesa certification assistance and permit "Public projects typically require minorityt participation, and I see these as valuablw services we could said Scheafnocker, who was downsized from a previous local marketing position in "Smaller firms often need marketing guidancse but are not able to justify a full-time marketing CR&C will also assist smaller citiesw and counties, public agencies and private organizations in developing request for proposals and help in selectingv team members for projects, Scheafnockef said.