New Jersey Developer Initiates $42.5M Recapitalization of Tampa Industrial Property

December 24, 2025 - 09:15

A New Jersey developer has successfully launched its inaugural Delaware Statutory Trust (DST) by securing a $42.5 million recapitalization for an industrial property located near Tampa International Airport. This strategic move marks a significant milestone for the developer as it diversifies its portfolio and ventures into the growing industrial real estate sector.

The property, which is strategically positioned in proximity to the airport, is expected to attract a variety of tenants looking for convenient access to transportation and logistics services. The DST structure allows for investment opportunities in commercial real estate while providing tax benefits and limited liability for investors.

This recapitalization not only enhances the value of the property but also reflects the increasing demand for industrial spaces in the Tampa Bay area. As e-commerce continues to grow, the need for well-located industrial facilities is becoming increasingly vital. The developer aims to leverage this trend to maximize returns for its investors while contributing to the local economy.