TAMPA, FLA. — Atlanta-based IDI has signed a lease for 229,308 square feet of industrial space at Madison Business Center, the company’s approximately 1 million-square-foot industrial park located in Tampa. The lease was signed by Ceva Logistics, a third-party logistics company. Verizon Wireless, one of Ceva’s clients, will be occupying the space, which is located within Building A, and will use it as a distribution center.
Rick Markowitz of the Tampa Bay office of CB Richard Ellis and Debra Royal of the firm’s Jacksonville, Fla., office represented Ceva in lease negotiations. Larry Dinner of IDI’s Florida office provided in-house representation for IDI.
In a statement, Markowitz said, “Ceva Logistics is an international leader in logistics services for high-quality tenants like Verizon Wireless, and we are excited to begin our first working relationship with them in Florida. Madison Business Center is a strong representation of the type of Class A space IDI offers across the country and throughout the Florida marketplace.”
Madison Business Center comprises five buildings and is located on U.S. Highway 41. Approximately 155,000 square feet remains for lease at Building A.
— Coleman Wood