Tia Logistics Center

TIA Logistics Center
6800 North Hoover Boulevard
Tampa, FL

Tia Logistics Center

LOCATION

TIA Logistics Center
6800 North Hoover Boulevard
Tampa, FL

SUMMARY

Property Purchase Date:

November 12, 2020

Project Type:

Industrial Land Development

Fund:

BIG FUND I

Year:

2020

Total Capitalization

$46,589,859

BIG Equity:

$827,607

Total Equity:

$14,800,000

Lease Term:

12-Year Double Net Lease with
4% Annual Increases

Tenants:

Fanatics

INVESTMENT STRATEGY

Bones Investment Group acquired a 19-acre vacant land parcel in Tampa, FL less than 1 mile from Tampa Airport in 2020 and entered into a joint venture with Scannell Properties to complete the vertical construction. Bones Investment Group partners gained control of the site and completed the necessary zoning and entitlement processes in order to facilitate the development of a 245,000 SF warehouse and manufacturing facility.

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