In Nancy’s 30+ years of working with commercial real estate she has managed and completed many different projects. This includes leasing, build to suites, selling and buying, and just about everything you can think of regarding commercial real estate. It’s not wonder Nancy is considered and expert in the commercial real estate industry in the Tampa Bay Area! Below you will see a variety of the many completed projects Nancy has worked on.
 

Nancy Phaneuf Commercial Realty & Development is celebrating its 21st year, simplifying the acquisition, disposition and lease of commercial/industrial properties. NPCRD facilitates the ground up development process of office and industrial properties, from site acquisition to move in. Please visit our website for additional information at www.npcrd.com

 

Nancy Phaneuf Commercial Realty & Development announces the following recent commercial/industrial transactions for 2016:

commercial real estate Tampa

13038 US 41, Gibsonton, FL

In 2016, this freestanding building located at 13038 US 41 South, Gibsonton, FL, with outside storage was finally offered for lease. The 22,500 SF building is part of a much larger 20 acre project that was purchased by Futernick Properties VI in late 2015. Nancy Phaneuf Commercial Realty & Development represented the Buyer in that transaction. The building was not offered separately prior to 2016, although the listing broker for the sale, Jan Boltres of Colliers International, was confident that it would lease easily. He was right!

Suncoast Drywall leased this building within weeks of it coming on the market. They wanted the dock high warehouse space as well as outside storage for their drywall studs and related products.

commercial real estate Tampa

9609 Palm River Road, Tampa, FL

Rosen Materials purchased a building through NPRCD in 2013, at 1102 N. 50th Street. In 2015, Rosen Materials was acquired by US LBM and found themselves with two facilities in the East Tampa market. Drew Rosen, CEO, asked NPCRD to assist in subletting their remaining term at 9609 Palm River Road, Tampa, FL 33619. Allied Building Products was interested in a facility that offered about 25,000 SF along with fenced outside storage. After visiting the site at Gibsonton, I introduced Allied Building Products to this facility and they leased it for occupancy beginning April 1, 2016.

This was the second transaction in early 2016 with a building materials company, a sure sign that the economy in Tampa was improving. Homebuilding is a major economic driver in our market and both of these companies rely on new construction for the success of their branches.

commercial real estate Tampa

1611 Allison Woods Lane AND 912 Chad Lane

In 1988, I met Paul and Fran Senory. They were tenants at Crossroads Business Park, where I was the leasing agent, and new to the real estate industry. Paul, Fran and I hit it off and when it came time for Sencommunications to expand, they asked me to find them a building to purchase. We found a building in Tampa East, then expansion required them to build a building. In 2016, I sold their 25,000 SF building at 1611 Allison Woods Lane, and relocated the slimmed- down company into 10,000 SF at 912 Chad Lane. This building is owned by JL Marine; JL Marine also owns the facility next door and purchased 912 Chad Lane for expansion purposes. The 10,000 SF office/warehouse suite was not officially on the market and Nancy Phaneuf developed a relationship with the CFO at JL Marine to smooth the way for this Sencommunications lease.

In March of 2016, Sencommunications sold their 25,000 SF office warehouse building to Paul Davis Restoration. PDR was located in the east Tampa market in a 10,000 SF building, and were bursting at the seams. They needed a larger parking area for their companies vehicles and a much larger warehouse AND office space. This new building was ideal for them.

Property photo

Ameriprise Financial South Tampa

In the world of sales and ongoing outreach to attract new clients, sometimes one can feel that marketing efforts are slightly off center and not squarely hitting the mark. And then the phone rings and your efforts actually begin to bear fruit.

I first connected with Osgood & Associates/Silva & Associates/Ameriprise Financial through just such a marketing campaign. They reacted to a direct mail piece promoting a building for lease. They did not want to lease or build, rather they wished to buy an existing building in South Tampa from which to service their clients. Together, we reviewed existing facilities that matched their list of requirements: 3-4,000 SF drive up parking, all on one level, easy access to the Interstate and of a quality that reflected the first class investment advice they provided their clients. We made only a few offers on the few options in South Tampa and were about to give up as nothing seemed to work out.

On a lark, I placed a call to Tom Azzarelli, Azzarelli Builders, who had a sign on a tract on W. Cleveland St. promoting a build to suit on the ½ acre lot. While my clients were averse to building due to time constraints, Tom had done most of the heavy lifting by the time we met. Simply put, he already had a workable building designed, site-planned and permitted on the site! Construction timing would be shortened significantly. With minor modification, the plans were adapted for Osgood & Associates/Silva & Associates/ Ameriprise Financial and the work began. With a lease expiration in December, Tom had about 9 months to complete the building and the interiors; he mastered the schedule with ease.

You can find Osgood & Associates/Silva & Associates/Ameriprise Financial at their new home at 1103 W. Cleveland Street, Tampa, FL 33606.

2.2 Acres Riga Blvd.

Title Logo

This development site was actually purchased by the adjacent business owner for future expansion and parking. This author’s vision was for a new office building or warehouse project. Fortunately, the Law Offices of Daniel Consuegra acquired a second building for their future expansion and thought the extra lot might be useful in the future.

Brandon All Stars

Brandon All Stars (“BAS”), the home for competitive cheer teams of all ages and ability levels, was in need of a larger facility.  A building for this group had to meet several critical criteria: it had to be about 25,000-35,000 square feet with lots of floor space for equipment and training and the interior height had to exceed 22 feet. The most unique requirement was for the building to be clear span, or free of support columns. “Column-free” would mean a safer and more versatile facility for the students during their cheer training and competitions. Unfortunately for the All-Stars, nearly all of the buildings are constructed with columns to support the roof and building structure. Finding a suitable building was extremely difficult.

And while they had the time, they shied away from building a new facility. Nor was expansion at their current location an option. One building, literally one mile from their present home fit the bill: a single tenant building at 102 South Falkenburg Rd. It had lots of floor space (30,000 square feet), 22-24’ high ceilings, and best of all: this warehouse was column-free! It could be the perfect “gymnasium.”

The old adage “timing is everything” truly applied here. Once the building was earmarked for BAS, we learned that this particular building was already under consideration by another company. Thankfully, John Jenkins of Jenkins Property Advisors made magic happen: he took our Letter of Intent from BAS to the owner and got the Brandon All Stars paperwork approved within a week. Lease negotiations were completed in short order as well. The end result: this transaction was completed within two weeks. And, by mid-summer the Brandon All Stars will be cheering in their new facility.

NPR_WebGalleryFlowers

A Key Ingredient for Flowers Bakery of Bradenton

The sweet smell of success is never more evident than at Flowers Bakery of Bradenton. The bread maker recently moved into a larger distribution depot in East Tampa. Flowers outgrew its 20 year old 6,000 square foot facility it had occupied since 1991 thanks to an increase in demand for bread and related products and an increase in market share. With the extra “dough” it was making, the company asked Nancy Phaneuf Commercial Realty & Development to find a distribution facility double the size to accommodate the rise in demand. Flowers Bakery’s new distribution depot is a 12, 000 SF building just off US Highway 301 near the Tampa East Industrial Park.

NPR_WebGalleryTeacherUnion

An A+ Location for the Teachers Union

NPCRD scored high marks from the Hillsborough County Classroom Teachers Association upon completion of its assignment to find the CTA a new home office. A former cigar factory at 3102 N. Habana in Tampa made the grade because of its historic charm and proximity to the greater Hillsborough County road network. The CTA was also looking for property with ample room for monthly union meetings. Once the CTA moved in, an extensive renovation project began. Now complete, the building certainly deserves a gold star!

NPR_WebGalleryMHS

A Move in the Right Direction

One Bay Area company is seeing some positive results from a recent move in the right direction. Management Health Solutions, a hospital inventory specialty company, had been operating its regional office in Tampa from a sickly, non-descript building located in a strip shopping center on North Dale Mabry. MHSalso had two other offices in Sarasota and New Hampshire. The company wanted to consolidate the three offices and stay in the Tampa Bay area. MHS moved in October into a beautiful 10,500 square foot office on Highland Manor Drive in Tampa. The site is a significant upgrade for the company with its attractive design, mix of private office space to open area, and most importantly, its access to major thruways such as I-75. From start to finish, my work with MHS took just seven months. MHS now has plenty of room for its 35 employees and is planning to expand its workforce to 55.

NPR_WebGalleryTricycle

Tricyle Studios Pedals its Way into the Heart of Ybor City

I love the direction Tricycle Studios has taken with its new offices in Ybor City. The painted doorways, refurbished brick, and the polished wrap around balcony gives the building true curb appeal. Nancy Phaneuf Commercial Realty & Development assisted Tricycle with its relocation to Ybor City from a 2,400 square foot bungalow on Howard Avenue. The medical marketing agency needed more space and parking for its growing business and Tampa’s new “Creative Corridor” proved to be the perfect location. Tricycle now occupies about 6,000 square feet of this 8,000 square foot building on East 7th Avenue. Plenty of room to pedal its creative forces into the future!

NPR_WebGalleryPrincessPalm

The Perfect Blueprint for By Design Technologies

The owner of By Design Technologies, an internet and mobile based software company, approached me wanting to build a new office in the Tampa Bay area. We looked at several tracts of land but nothing seemed to pan out. I always tell my customers to keep their options open so when I discovered three buildings at Sabal Park in Tampa, where he was currently leasing, were up for auction, I informed the buyer this could be a very reasonable and attractive opportunity. With on-line auctions, you MUST have your loan and inspections lined up before you can place your bid. So a lot of work had to be done in a short amount of time. With help from members of the Tampa chapter of CREW (Commercial Real Estate Women) we accomplished everything in 60 days! I will give credit to the buyer for being very organized and decisive which helps immensely when trying to move a project such as this forward quickly. By Design Technologies will move into its new home office in the first quarter of 2013.

 

Tampa commercial realty

7810 Professional Place, Tampa, FL

I met John Mistal at one of his former properties and helped him sell that building several years back. Last year, John saw one of my signs on a land listing and called immediately! He had lost my contact information and was in need of a warehouse for his growing architectural foam and building products company.

He described the perfect building and I knew it would be hard to find this needle in a haystack. Serendipitously, I was at an industry event at Top Golf (work is being done, between drives!) and learned that a perfect facility would be coming available. I jumped to present the option to John and his team; they loved the building at 7810 Professional Place. They moved into the building in the early Fall and love the location and outside storage afforded to them.

5513 W. Sligh Ave, Tampa, FL

I met Dr. Wade Bader through external marketing efforts in 2014. He knew that his carbon fiber orthotics and prosthetics company would be expanding in 2016. Over time, we got to know one another and Dr. Bader asked NPCRD to find him an existing building for his growing company. The present operation is in Lutz, and operates out of two facilities. The new facility needed to be located in the north airport industrial market, close to the airport and Dr. Bader’s home. As you may know, finding buildings north of the airport is very hard to do.

This is where 25 years of relationships came to bear fruit. Allen Thomas, former owner of Maxx Air, was leasing his 33,000 SF building. His son had a burgeoning business located within the building, yet did not need all of the space Over time, it became obvious that Dane Thomas would need his own building.

Thus, Allen was willing to sell his two building complex on Sligh Ave that had been home to Maxx Air for years. Enter Dr. Bader who wanted the 33,000 SF building for his own use, and regarded the second building, 20,000 SF now leased to TMG Manufacturing, as his expansion space. Nancy Phaneuf introduced Mr. Thomas to Dr. Bader and helped them structure a purchase that worked for both parties. This included finding a replacement property for Dane Thomas and also renewing TMG at the 20,000 SF building. As the pieces fell into place, Dr. Bader was able to close on the building in November of 2016. He intends to occupy the new facility in mid-2017.

Planned Expansion for Nelsen Corporation 

Leased 41,000 SF to Nelsen Corporation, to accommodate their planned expansion for the next five years. They relocated from 5120 Adamo Drive to 4400 Adamo Drive. Nelsen Corporation distributes products all over the country through a dealership network that provides commercial and residential water treatment.

Graybar Distribution Company

Sold 6.61 acres at Interstate Business Park to Graybar Distribution Company for their new facility in East Tampa. They plan to relocate from Drew Park to this expanded facility. NPCRD represented the Seller; Bruce Vaughan of Colliers International represented Graybar.

Building with train car

1102 N. 50th Street

This three building property sold to Rosen Materials in August, 2013. Rosen Materials was leasing a small facility in East Tampa and had outgrown the building and outside storage. They sought a larger site with a rail siding, so they could bring raw materials into Tampa, as they had in other plants in Florida.

The Seller had been in the construction industry, and felt the ill effects of the downturn in the economy. When Rosen appeared on the scene and made a reasonable offer, all parties were enthusiastic about a potential sale.

Rosen Materials has since painted the exterior of the buildings and improved the landscaping; the property looks better than it has in years and is functioning better than expected for the Buyer.

1.1 Acres 2004 N. Tampa St.

This site was sold to Riverside Heights Holdings, a holding company for a larger development firm that is planning to redevelop the waterfront and neighboring site for office/mixed uses. This lot was the gateway site into the project, the throughfare most likely to be used by motorists coming through Downtown Tampa. Accordingly, it was critical that RHH control this parcel. As of this writing, RHH has yet to develop this site, but is actively renovating the old trolley barn into a mixed use building.

Ulele Restaurant, owned and operated by the Columbia Restaurant Group, will open later this month, August, 2014, and anchor the redevelopment of this new frontier north of Downtown Tampa.

NPR_WebGalleryEMSI

EMSI
 Get New Corporate Office

Nancy Phaneuf Commercial Realty & Development client Mario Garcia was looking for a new corporate office with 50,000 SF of space and 200 parking spaces for his company, EMSI.
Nancy Phaneuf realized that EMSI might need growing room one day and suggested that the company consider a very desirable building that was on the market for sale by Highwoods Properties, a national REIT.
At 58,000 SF, the building was slightly larger than EMSI’s current needs, but the ability to lease the excess space gave EMSI built-in expansion space for future growth. The building had been used by one tenant for nearly 18 years as a mail-order pharmacy. It had offices, air conditioned assembly areas and warehouse space. EMSI concurred with Nancy’s vision and purchased the building.
Nancy oversaw all elements of the acquisition from building due diligence to financing and to initial budgeting for the remodeling. As planned, the balance of the building is currently leased to two other tenants.
EMSI designs and sells non-invasive medical products that are used for controlling both acute and chronic pain, and for physical rehabilitation.

NPR_WebGalleryWalden

Walden Distribution Center Relocates to Florida

Canadian Bank Note (CBN) was considering relocating their plant from Providence, RI to Florida.
CBN required 10,000 SF of office and 38,000 SF of air conditioned printing/shipping/warehousing area.
Nancy Phaneuf Commercial Realty & Development Principal Nancy Phaneuf met the CBN site selection team at the Walden Distribution Center and showed them the option for a 50,000-SF build to suit on land that EastGroup Properties had reserved for future development.
Nancy Phaneuf Commercial Realty & Development acted as the owner’s representative in presenting the lease proposal, preparing the interior construction design and costing and negotiating the lease document. Nancy Phaneuf Commercial Realty & Development also assisted in the project management for the construction, which included extensive structural, air conditioning and electrical requirements.
Walden Distribution Center Building 100 was developed for Canadian Bank Note’s North American production facility.

NPR_WebGallerySencommunications

Custom built building for Sencommuncations

Nancy Phaneuf met Paul and Fran Senory when they were leasing 3,000 SF of office/warehouse space in Brandon, FL. Their company, Sencommunications, had outgrown their suite, and owners Paul and Fran asked Nancy to find a building for them to purchase.
Nancy did that in 1995, but nine years later Sencommunications had once again outgrown their building.
Both Paul and Fran were reluctant to build a building, concerned about the complexity of the project and the time-consuming nature of construction. They hired Nancy Phaneuf Commercial Realty & Development to oversee the project from site selection, to contract negotiations, to financing. Nancy Phaneuf Commercial Realty & Development oversaw every detail from inception to move-in. Sencomm occupied this new headquarters in December, 2005.
The building, parking and loading areas were designed to accommodate 10 more years of growth.
Sencomm offers a full line of telecommunications products for at-work, on-the-go and at-home applications, including wireless, corded and Bluetooth headsets and more.

NPR_WebGalleryMacGray

MacGray’s New Home

MacGray needed more warehouse space in lieu of outside storage. As the company grew, it had to stores high-end washers and dryers outside in the elements.
Nancy Phaneuf Commercial Realty & Development brokered the sale of MacGray’s 10,000-SF building to an investor.
To meet this need for appropriate inside storage, Nancy Phaneuf Commercial Realty & Development leased this 17,500-SF building to MacGray in May 2009.
This move not only protected the machines and kept them looking clean and new, but it also facilitated MacGray’s ability to track inventory.

NPR_WebGalleryD1_Sports

D1 Sports moves into 34,000 SF Property

Nancy Phaneuf Commercial Realty and Development, familiar with this property and its potential, received an inquiry on another tract and knew that the prospect would be an ideal tenant for the remodeled 34,000 SF Circuit City building, now home to D-1 Sports.
Nashville based D1 Sports -
 A professional athletic training facility providing custom sports training programs, coaching and sports therapy.

Sencommunications

Leased 11,000 SF to Sencommunications for their right sized facility, following the sale of their 25,000 SF building earlier this year. Sencommunications will lease space in a building owned by Power Pole, at the south end of Silo Bend.

9204 King Palm Dr., FL

A 14,000 SF office building with extensive parking was sold to Choice Legal on November 21, 2015. Nancy Phaneuf represented the Seller; David Tower of Coastal Commercial represented the Buyer. The property sold for $1,200,000.

6911 Pistol Range Road., FL

A 13,800 SF office building with existing income was sold to Proluxe Properties. Nancy Phaneuf represented the Seller; the Buyer represented themselves. The property sold for $1,125,000.

13038 US 41 South, FL

A 20 acre site with 65,000 SF buildings was sold to Futernick Properties on December 23, 2015. Jan Boltres of Colliers International represented the Seller; Nancy Phaneuf represented the Buyer. The property sold for $4.35 million