Friday, July 17, 2009

Grubb & Ellis|Commercial Florida Negotiates Sublease of 25,181 Square Feet of Industrial Space in Tampa

Grubb & EllisCommercial Florida Negotiates Sublease of 25,181 Square Feet of Industrial Space in Tampa

TAMPA, Fla. – Grubb & EllisCommercial Florida which is associated with 130 Grubb & Ellis offices worldwide, recently negotiated a sublease of 25,181 square feet of industrial space at 4500 W. Tampa Bay Blvd. in Tampa.

Chuck Bohac, vice president and Kostas Stoilas, associate with the Industrial & Land Services Group at Grubb & EllisCommercial Florida, negotiated the transaction representing the tenant/sublandlord, National Retail Transportation, Inc. of North Bergen, N.J.

The new tenant/sublessee, Denver-based Integrated Airline Services, Inc. is one of the largest independent aviation ground handlers in the U.S.

About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.

About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.

Contact:
Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, http://www.commercialfl.com/
Chuck Bohac or Kostas Stoilas 813-639-1111J
effrey Sweeney, President 407-481-5387
Larry Vershel 407-644-4142

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