Lee & Associates South Florida Vice President Michael Avendano successfully represented Plan IT Packaging Systems in the company’s lease for a build-to-suit warehouse in Tampa, Florida. The Tampa location is the third for the Ontario, Canada-based automated packaging solutions provider.
Plan IT Packaging signed a five-year lease for the 27,450-square-foot warehouse to be constructed at 4525 Oak Fair Blvd. The lease term commences no later than April 1, 2024, or 14 months from when the building permit is obtained. Cancician Group, Inc. is the landlord.
The site is located within Tampa’s Interstate Business Park. Construction of the new warehouse is expected to be completed in March 2024. The building will feature dock height loading doors, heavy power and office space.
Serving a wide range of industries and company sizes, Plan IT Packaging simplifies the packaging process by delivering leading edge technology to its clients.
The company has an existing location in Irvine, California, where Travis Barnett of Lee & Associates referred it to Avendano to handle its search in the growing Tampa market.
“We are thrilled to help Plan IT Packaging secure its second U.S. location,” Avendano said. “The Tampa industrial market is experiencing tremendous activity as its residential and corporate population continues to expand. This deal is another example of Lee’s spirit of collaboration, as we worked closely with our California-based colleague to achieve an optimal outcome for the firm’s client.”
Based in Miami, Avendano specializes in industrial sales and leasing. He is an active member of the Commercial Industrial Association of South Florida (CIASF).
About Lee & Associates | South Florida
Lee & Associates | South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928. Lee & Associates is the largest agent owned brokerage in the nation with Senior Agent’s ability to earn profit share resulting in the highest splits while still receiving full resources, support and leads from our national network. Our collaborative and cheerful culture allows for open communications throughout the company, fostering the sharing of information and best practices to better enable client decision making. The Lee & Associates’ robust national network that sold and leased nearly $32.4 Billion in 2021 offers clients a cross-market platform of expertise and deal opportunities across all asset specialties and representation roles. For the latest news from Lee & Associates South Florida, visit leesouthflorida.com or follow us on Facebook, LinkedIn, Twitter and Instagram, our company local news.
Lee & Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee & Associates has grown its service platform to include over 75 offices in the United States and Canada. Lee & Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.