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Tampa industrial property recapitalized in $42.5M DST deal
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Tampa industrial property recapitalized in $42.5M DST deal
A New Jersey-based real estate firm has selected Tampa as the launch market for its first Delaware Statutory Trust, signaling continued confidence in the region’s industrial real estate fundamentals. Denholtz, a Red Bank, New Jersey–based developer and owner-operator, recapitalized its Sweetwater Business Center in Tampa by placing the property into a newly formed Delaware Statutory Trust, known as DX SB Industrial I DST. The structure allows in…
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