Compark 75 Reaches Full Occupancy in No Time
- Oct 23, 2015
By Balazs Szekely, Associate Editor
The Compark 75 industrial property in Wesley Chapel is now fully leased, just one year after breaking ground on Phase II, Commercial Asset Partners Realty announced. Compark 75 is one of the first industrial speculative developments built in Tampa Bay following the recession.
The Class A park with flexible zoning to accommodate almost a wide variety of uses—such as light industrial, warehouse, manufacturing and office—is being built in phases. Phase I totals 108,000 square feet and Phase II has 130,000 square feet of usable space. Phase III, which is anticipated to be completed in 2016, will add an extra 58,000 square feet.
Oscor, Inc., a manufacturer of highly specialized cardiac devices, signed up for the last remaining 36,300-square-foot space in the development. Headquartered in the nearby Palm Harbor, Oscor designs, develops, manufactures and markets implantable cardiac pacing leads, venous access systems and diagnostic catheters. The organization plans to utilize the new location as a distribution center for its medical devices.
Heidi Tuttle-Beisner of Commercial Asset Partners Realty and exclusive listing agent for Compark 75, represented the landlord, HR Pasco LLC. Kelly Prior of Kelly Prior Commercial Real Estate represented the tenant.
Image via Commercial Asset Partners Realty