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Florida & Gulf Coast  + Central Florida  + Office  | 
TerraCap Management has completed the $14.5-million disposition of Tampa Oaks II office building in Temple Terrace, FL.

TerraCap Management Sells 104K-SF Class A Office in Temple Terrace for $15M

Naples, FL-based TerraCap Management has completed the $14.5-million disposition of Tampa Oaks II, a Class A, 104,080-square-foot office building in Temple Terrace, FL. Major tenants include Liberty Mutual Insurance Company, Fieldstone A&E and Home Encounter LLC.

Dale Peterson, Joe Chick, Kristen McFarland Hagen, Courtney Snell and Nick Sharpe with CBRE represented TerraCap Management in the transaction. Marc Magliarditi and Travis Landes of CBRE represented the buyer.

“Investor interest in this asset was driven by the property’s exceptional quality, tremendous transportation connectivity and direct proximity to The University of South Florida,” sPeterson.

The 2008-constructed Tampa Oaks II sits 12906 Tampa Oaks Boulevard with connectivity to interstates 75 and 4 and proximity to upscale residential communities. The building’s center-core floor plates allow for flexible leasing strategy for both single- and multi-tenant floors.

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CBRE's Peterson

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