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Tampa Office Investors Procure $32.5M Refi
C-III Capital Partners and America’s Capital Partners obtained a $32.5 million refinancing of Westshore Center, a nine-story, 220,000-square-foot office building in Tampa.
A CBRE team led by Amy Julian and Andrew Chilgren acted on behalf of the two sponsors. BMO originated the loan.
Westshore Center is 85% leased to a roster of 25 tenants with 4.8 years of weighted average lease term. There are 29,631 square feet of vacant space.
The property is centrally located between major retail destinations such as International Plaza, Westshore Plaza, MetWest International and Midtown Tampa, affording tenants proximity to 250 restaurants, 300 shops, and 700 hotel rooms.
- ◦Financing
