Nov
20
Tampa Office Campus Commands $45M
ByThe property, nearing full occupancy, is leased to a mix of notable tenants, including WellCare, Gateway One Financial & Lending and MedHOK Health.
CBRE has brokered the sale of Tampa International Business Center, a six-building office park totaling 324,654 square feet in the Westshore submarket of Tampa, Fla. TerraCap Management sold the asset to Real Estate Value Advisors in a $45.1 million deal. The property was 98 percent leased at the time of the sale.
Located at 5730 Hoover Blvd., 5301, 5519, 5520, 5550 and 5570 Idlewild Ave., the campus was developed between 1980 and 1986 and received a series of upgrades between 2014 and 2017. The property includes 1,816 parking spaces…
