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Florida & Gulf Coast  + North Florida  + Office  | 
Avison Young has closed the $13.6-million sale of City Centre, a seven-story office building on N Bronough St. in Tallahassee, FL

Simpson Org Sells Tallahassee’s City Centre Building for $14M

Avison Young has closed the $13.6-million sale of City Centre, a seven-story, 168,677-square-foot office building that sits on 2.14 acres on Bronough Street in Tallahassee, FL.

An Avison Young team of David Duckworth, John Crotty, Michael Fay and Brian de la Fé represented the seller, Simpson Organization.

“The opportunity to sell the City Centre building came to us after offers from a 2019 listing attempt weren’t meeting the seller’s pricing expectations,” said Duckworth, who, with his team, has worked with the seller on several other deals throughout South Florida. “We quickly identified a buyer we knew was interested in the Tallahassee market and set up the deal at a price much higher than previous offers.”

City Centre is located in the state capital’s CBD and is 95% occupied by a mix of government-related and private-sector tenants. The building has undergone more than $6 million in capital improvements in recent years.


Inside The Story

Avison Young’s Duckworth

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition