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
Navigating ‘Subject To’ Real Estate Transactions: A Creative Financing Strategy

In today’s dynamic real estate market, creative financing strategies have become essential tools for investors and homeowners alike.  With record high prices, skyrocketing interest rates, and more rigid underwriting requirements,

Read More
subject to
Farley White acquires Tampa office building, expands Hidden River portfolio

Farley White Interests has acquired Lakeview at Hidden River, a 133,201-square-foot office building, in Northeast Tampa, expanding its presence in Tampa. The Boston-based commercial real estate firm purchased the property

Read More
Two rare waterfront parcels in Palmetto hit the market

Two waterfront parcels totaling 4.4 acres in Palmetto’s Riviera Dunes community are now for sale. The privately owned properties have been listed with Ian Black Real Estate as the exclusive

Read More
Bath & Racquet Residences and Club breaks ground on luxury Sarasota development (RENDERINGS)

Bath & Racquet Residences and Club celebrated the groundbreaking of its new luxury residential development, in Sarasota, on April 9, kicking off construction, expected to be completed by December 2026.

Read More
Other Posts
The Nolen nears completion in downtown St. Petersburg with nearly all units sold (PHOTOS)

The Nolen, a 23-story luxury condominium tower under construction at 126 4th Avenue NE in downtown St. Petersburg, is nearing completion. Nearly all 31 units have been sold, and prices

Read More
Michael Saunders & Co. announces Sarasota’s highest-priced home sale of 2025 (PHOTOS)

A waterfront home under construction in Sarasota’s Harbor Acres neighborhood has sold for $14.8 million, marking the highest-priced residential sale in Sarasota County so far this year, according to Michael

Read More
Success in Today’s Real Estate Market Requires a More Creative Approach to Finance

Success in Today’s Real Estate Market Requires a More Creative Approach to Finance Whether you’re an agent, investor, or just an average homebuyer, the real estate market you’re operating in

Read More
Success in Today’s Real Estate Market Requires a More Creative Approach to Finance by Tatiana Zagorovski
Kolter Urban unveils ultra-luxury beachfront residences in Naples (RENDERINGS)

Kolter Urban and BH Group have opened the sales gallery for Olana Naples Residences, an exclusive beachfront development, offering 12 estate-sized homes, starting at $30 million. Located at 294 14th

Read More