Citigroup Nabs Class A Tampa Office Park
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3800 Citibank Center
Tampa, Fla.—Citigroup Inc. recently announced the purchase of 3800 Citibank Center, a Class A office park located in Tampa’s Sabal Park Office Development. The property, which encompasses roughly 670,000 square feet of space, was sold by an affiliate of Zurich Alternative Asset Management and was already fully occupied by the Citibank division at the time of the transaction. According to Tampa Bay Business Journal, the seller was represented by Christian Lee, vice chairman and Dale Peterson, senior vice president of CBRE.
Located at 3800 Citibank Center in Tampa, adjacent to Interstate 75, the campus built in 1998 consists of four three-story office buildings interconnected by enclosed conditioned walkways and an amenity building, including dining services, a fitness center, child care facilities and personal service shops such as newsstands, drug store, dry cleaner, hairdresser and shoe repair shop. The property features abundant covered and surface parking in two adjacent multi-level parking structures…
