COBALT INDUSTRIAL REIT II BREAKS GROUND ON TAMPA BUSINESS PARK

TAMPA, FLA. — Dallas-based Cobalt Industrial REIT II and Tampa-based CLW Industrial Group will break ground early this month on the $15 million, 175,000-square-foot New Tampa Commerce Center, a business park located at the intersection of Fowler Avenue and U.S. Highway 301 in Tampa. The park will focus on accommodating tenants that require spaces smaller than 40,000 square feet. The 13.7-acre project will deliver at the end of the first quarter of 2009.