Westshore’s Eisenhower I Office Building Sold

The Eisenhower I office building (5104 Eisenhower Blvd., 33634) in Tampa has recently sold for $31.4 million. Tier REIT  sold the 4-story, 130,000 sf office building, located in the Westshore sub-market, to Strategic Office Partners. Built in 1998, the office building occupies nine acres in the popular office sub-market. For more info on this sale, […]

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MedHOK Renews and Expands in Tampa

The Medical House of Knowledge (MedHOK) renewed its lease at Tampa’s International Business Center and expanded into an adjacent unit. The International Business Center is located at 5550 W. Idlewild Ave., 33634 and spans 48,409 square feet over four acres. MedHOK’s expansion now puts them at 19,219 square feet of occupancy in the building. For […]

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Downtown Tampa’s Park Tower Sells

Sterling Equities has sold the 36-story Park Tower office building, located at 400 N. Tampa St., 33602 to a joint-venture group comprised of Feldman Equities Management, Tower Realty Partners and City Office REIT, Inc. for $79.75 million, or roughly $169/SF. Better known locally as the “BBT&T Building”, the 473,000 SF office tower is one of […]

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52-Story Tower Coming to Downtown Tampa

Downtown Tampa will soon have a new figure in its sky-line. Recently, plans were approved for the erection of a 52-story mixed-use tower overlooking the Hillsborough River. The new commercial space is a joint-venture between Feldman Equity Group, LLC and Tower Realty Group. Property situated on a 1.47 acre parcel between Ashley Dr. and Brorein […]

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8 Hot Tips for Attorneys Leasing Short-term Office Space Near Federal Courthouse in Tampa

Tampa’s federal courthouse is a busy hub of activity during the workweek. Many attorneys spend their entire day in or around the federal courthouse and, rather than making the commute into downtown Tampa every day, seek available office-space near the federal courthouse building. The Federal Courthouse also sees attorneys from all over the country trying […]

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Tampa Commercial Real Estate News and Commentary

Tampa’s Encore project takes next step as first apartment building opens for tenants The sprawling Encore housing and mixed-use development project under way in the northeast corner of downtown Tampa can be best described as a survivor. Encore survived the nastiest of recessions, recent years when real estate financing all but disappeared. And it’s still kicking […]

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Ken Stoltenberg Talks Grand Central & Tampa’s Channelside District

Attendees: Eric Odum with Ken Stoltenberg, Mercury Advisors Date: May 31, 2011 Subject: The Commercial Real Estate Market Minute – Grand Central and Current Events in Tampa’s Channelside EO: Welcome to today’s Market Minute. I’m Eric Odum, I’m the principal broker for Net Lease Commercial Advisory, and today we have with us, Ken Stoltenberg from […]

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Commercial Real Estate Sales of Interest – Q4 2010

Address 5729 Hoover Blvd Property Type Office Sales Date 12/17/2010 Sales Amount $3.5 million Amount/Sq Ft $55.03 Prior Sale Amount NA Prior Sales Date 4/15/1997 Exterior Wall Stucco/Masonry Address 8900 Grand Oak Circle Property Type Office Sales Date 110/19/2010 Sales Amount $13.5 million Amount/Sq Ft $198.87 Prior Sale Amount $1.486 million Prior Sales Date April […]

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Office Demand Rises in Tampa

Although the Tampa office market continues to struggle with abnormally high vacancy and subdued tenant demand, over the past three months overall vacancy continued to fall, with the marketwide overall vacancy rate declining to 18.9% at the close of the third quarter of 2010. This is a one-tenth of a percentage point decrease from mid-year […]

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Bank Pursues Foreclosure Against Tampa’s Beer Can Building

A major bank is suing the owner of downtown Tampa’s cylindrical office tower at 400 North Ashley Drive — better known in this area as the “Beer Can” building, Rivergate Tower or the Sykes Enterprises tower. In its lawsuit, Royal Bank of Scotland states that the tower owner, ACP/Pinnacle or America’s Capital Partners on Brickell […]

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