Gateway Lakes Business Park

1551 102nd Avenue North & 16th Street North
St. Petersburg, FL

ACQUIRED

August 2003

SOLD

June 2006

SQUARE FOOTAGE

179,177

TYPE OF BUILDING

Warehouse, Distribution

Located minutes from I-275 and in the heart of Pinellas Country’s thriving Gateway submarket, Cambridge Hanover bought this three-building complex in 2003.  Upon acquisition, Cambridge Hanover undertook a substantial rehabilitation program, which included adding new parking, demising and separately metering individual units, and renovating the property to allow for multiple tenants, including MC Graphics and Jabil Circuits.  Cambridge Hanover sold the building complex to a large pension fund advisor in 2006.

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