NVGTN sells Trinity Commerce Center in $22.5 million sale-leaseback deal

Lifestyle activewear brand NVGTN has completed a $22.5 million sale-leaseback of its Trinity Commerce Center headquarters to Greek Real Estate Partners.

Located at 1990 Corporate Center Drive, in Trinity, the 100,000-square-foot industrial facility was completed in 2024 and is fully leased to NVGTN. The Class A building includes 34-foot clear heights, 21 dock-high doors, three oversized drive-in doors and LED lighting.

Cushman & Wakefield’s Rick Brugge, Mike Davis, Rick Colon, Trey Carswell and Lisa Ross represented NVGTN in the transaction.

“Trinity Commerce Center represented a prime opportunity for investors looking to enter, or expand, in the prestigious Tampa Bay industrial market,” Brugge said.

Based in New Jersey, Greek Real Estate Partners develops and operates industrial real estate across the Northeast and is expanding into Florida.

NVGTN, founded in 2018, is one of the nation’s fastest-growing activewear brands, with customers in more than 180 countries, according to a statement.

You May Also Like
Pasadena set for 76 new homes just minutes from St. Pete Beach

A new coastal neighborhood called SeaWinds will bring 76 homes to Pasadena just minutes from St. Pete Beach.

Read More
Aerial view of St. Pete Beach and the historic Don CeSar hotel with an inset rendering of a new two story home planned for Mattamy Homes’ SeaWinds community in Pasadena.
City of Tampa puts police HQ on the market for $36M. Why?

Tampa is putting its police HQ on the market for $36M — here’s why the city is selling and what comes next.

Read More
Tampa Police officers standing in a line in front of the Tampa Police Department headquarters, a tall blue-glass building in downtown Tampa.
Major Sarasota real estate firm to move into 400 Central in downtown St. Pete

Michael Saunders & Company will open a new office at 400 Central, adding another major tenant to the landmark St. Pete tower.

Read More
A twilight aerial view of downtown St. Petersburg with the 46-story Residences at 400 Central tower illuminated; Michael Saunders & Company logo displayed on the right.
Pendry Tampa reveals a full lineup of waterfront restaurants

Pendry Tampa is adding a full lineup of new restaurants and bars to the Riverwalk through a partnership with Clique Hospitality.

Read More
An aerial view of Pendry Tampa along the Riverwalk at dusk
Other Posts
The man behind Water Street breaks down Gasworx

Gasworx is turning a long-ignored part of Tampa into a walkable district that connects Ybor City with downtown.

Read More
Aerial view of the Gasworx construction site with cranes, new buildings and downtown Tampa in the distance.
Demolition to begin for $125M mixed-use project in downtown St. Pete

Demolition will start soon for Gallery Haus, a $125M mixed use tower planned for downtown St. Pete.

Read More
Three image collage showing the Gallery Haus tower, a rooftop lounge and the pool deck.
Is Trump’s proposed 50-Year mortgage all it’s cracked up to be?

A new 50 year mortgage could open doors for buyers but also raise prices and increase long term risk.

Read More
Composite image showing former President Donald Trump next to a suburban home with rooftop solar panels and a backyard pool.
Dallas firm buys Westshore’s 1 North Dale Mabry, plans $4M upgrade

A Dallas investment firm has bought Tampa’s 1 North Dale Mabry office tower and plans $4M in upgrades.

Read More
Exterior view of 1 North Dale Mabry, a 13-story Class A office tower in Tampa’s Westshore district