bradenton, Fl

the property

Manatee 301 Business Center is a 300,000 square foot, speculative industrial development in Manatee County, Florida—delivered through a strategic joint venture between Clover Investment Properties, Native Development, and Crescent Communities. The project comprises two rear-load industrial buildings, each outfitted with pre-built front office spaces and designed to flexibly accommodate up to four tenants per structure.

Positioned to capture regional growth and demand for modern industrial space, the JV partners thoughtfully designed the site for user optionality and operational efficiency. Market traction was immediate: prior to project completion, each building was placed under contract by two separate users for full-building acquisitions.

the result

Both buildings successfully closed within 8 months of receiving certificates of occupancy, underscoring strong tenant demand and validating the project's strategic location and design. The swift lease-up and full-building purchases reflect the partners' ability to anticipate market needs and execute with speed, positioning Manatee 301 Business Center as a benchmark for industrial investment in the region. The project delivered a 2.6X equity multiple over a 39 month hold period.