
CBRE Facilitates Sale of Fully Leased Tampa Office Campus
CBRE arranged the sale of One Independence Park, a 115,740-square-foot office property located at 4110 George Road in Tampa, FL. The property was sold to a Virginia-based private real estate investment company.
Senior vice President Dale Peterson, Joe Chick, Kristen Hagen, Courtney Snell, and Nick Sharpe with CBRE Capital Markets partnered with Jimmy Garvey of CBRE Advisory & Transactions to represent the seller, Highwoods Properties, Inc. The publicly traded real estate investment trust is headquartered in Raleigh, NC.
The three-story property sits on a 9.2-acre site in Tampa’s Westshore submarket. At the time of sale, it was fully leased, predominantly by two tenants –WiPro, LLC and HealthPlan Services, Inc. The building features functional floor plates and a multi-story atrium and is supported with above-market concentric surface parking.
“Westshore is our most sought-after submarket and provides for exceptional future long-term value appreciation for the new owners,” Peterson said.
- ◦Sale/Acquisition