TAMPA, October 28, 2025 – Cushman & Wakefield announced today that the firm represented Arrow Capital in its sale of Crossroads Logistics Park in Tampa.
Cushman & Wakefield’s Rick Brugge, Mike Davis, Rick Colon and Dominic Montazemi represented Arrow Capital in its investment sale with Clarion Partners.
Located at 5231 Crossroads Park Drive in the East Tampa submarket, Crossroads Logistics Park delivered this year 67% preleased. The property features tilt-wall construction, 28-foor clear height, spec office buildouts, 22 dock-high doors, two drive-in doors, ESFR sprinklers and five trailer parking stalls. The 58,849-square-foot small-bay building has 26,946 square feet remaining to be leased.
Situated in the heart of Tampa’s East Side submarket, Crossroads Logistics Park offers excellent connectivity to Interstate 4, Interstate 75, Interstate 275, Selmon Expressway, U.S. Highway 301, Tampa International Airport, Port of Tampa and Downtown Tampa. The central location and connectivity create the perfect infill logistics location and the ability to reach 2.88 million people, or 86% of the Tampa MSA, within a 45-minute drive.
“Due to the extremely high cost to construct, there is a lack of modern, dock-high small bay space,” said Rick Brugge, Cushman & Wakefield Vice Chair. “Crossroads Logistics Park has satisfied this unmet need and is achieving record rents. The existence of few quality development sites and increasing tenant demand will also be a catalyst for strong future rent growth.”