JLL arranges sale of Class A industrial park in Tampa Bay's fastest-growing logistics corridor
Authors
Grace Lewis
MIAMI, July 10, 2026 – JLL Capital Markets announced today the sale of Manatee County Logistics Center, a two-building, 375,801-square-foot light industrial park strategically positioned in one of the Tampa Bay region's fastest-growing logistics corridors.
JLL represented the seller, a partnership between Imminent Ventures | Development and Barron Collier Companies, in the transaction. AEW Capital Management acquired the asset on behalf of a separate account client.
Delivered in 2024, the property is currently 75% leased to a diversified tenant base spanning specialty vehicle manufacturing, wholesale distribution and commercial building materials. The property's versatile design accommodates suite sizes ranging from 24,000 to 188,000 square feet across 16 divisible bays with 220-foot building depths, providing multiple value-creation pathways through lease-up of the remaining 95,271 square feet of available space.
Manatee County Logistics Center occupies a strategic position along U.S. Route 301 with direct frontage and immediate access to Interstate 75, enabling last-mile distribution capabilities to three of the nation's fastest-growing metropolitan areas: Tampa, Sarasota-Bradenton and Cape Coral-Fort Myers. The location provides access to 4.9 million people within a 90-minute drive and sits within 25 minutes of Port Manatee, 10 minutes from Sarasota-Bradenton International Airport and 45 minutes from Tampa International Airport.
The JLL Capital Markets Investment Sales team was led by Senior Managing Director Luis Castillo, Managing Director Cody Brais, Associate Taylor Osborne and Analysts David Orta Jr. and Mian Gian.
"The combination of stable cash flow from an investment-grade-backed anchor tenant and immediate upside through value-add lease-up drove exceptional interest from qualified investors, validating the strength within one of Tampa Bay's strongest submarkets where institutional-quality product commands significant premiums," said Castillo.
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Barron Collier Companies
Barron Collier Companies is one of the largest diversified companies in Florida dedicated to the responsible development, management, and stewardship of numerous landholdings. Led by the Collier family, with roots tracing back one hundred years to Collier County, founder Barron G. Collier, Barron Collier Companies pursues its vision for Southwest Florida with successful enterprises in several areas including agriculture, land development and mineral management. For more information, please visit www.barroncollier.com or call 239-262-2600.
About AEW
For 45 years, AEW Capital Management, L.P. (AEW) has provided real estate investment management services to investors worldwide. As one of the world’s largest real estate investment advisors¹, AEW and its affiliates manage $85.5 billion in private real estate equity, debt and listed securities across North America, Europe and Asia (as of March 31, 2026). Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum. AEW and its affiliates have offices in Boston, Los Angeles, Denver, London, Paris, Hong Kong, Seoul, Singapore, Sydney and Tokyo, as well as additional offices in eight European cities. For more information, please visit www.aew.com.
¹Source: “2025 IREI.Q Real Estate Managers Guide”. The Guide, published annually by Institutional Real Estate, Inc., ranks real estate managers based on the gross value of real estate AUM ($m) as of December 31, 2024. As of September 30, 2025. AEW includes (i) AEW Capital Management, L.P. and its subsidiaries and (ii) affiliated company AEW Europe and its subsidiaries. AEW Europe and AEW Capital Management, L.P. are commonly owned by Natixis Investment Managers and operate independently from each other. Total AEW AUM of $86.3 billion includes $41.8 billion in assets managed by AEW Europe and its affiliates, $4.3 billion in regulatory assets under management of AEW Capital Management, L.P., and $40.1 billion in assets for which AEW Capital Management, L.P. and its affiliates provide (i) investment management services to a fund or other vehicle that is not primarily investing in securities (e.g., real estate), (ii) non-discretionary investment advisory services (e.g., model portfolios) or (iii) fund management services that do not include providing investment advice.