North American Terminals Management Inc. (NATMI) purchased the property at 9801 Palm River Rd. in Tampa, FL from Ringsby Terminals, Inc. for $3.28 million, or about $134 per square foot.
The 24,536-square-foot industrial property delivered in 1970 and was sold as an investment property. NATMI is a national transportation-focused industrial real estate company that owns, develops, and manages properties for the freight transportation industry.
The cash deal required no brokers and had no unusual sale conditions.
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