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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Boulder Hotel Co Sells Florida Portfolio

Boulder Hotel Co., LLC recently sold-off six hotel properties in their Florida portfolio, three of which are in Tampa. The portfolio was sold to real estate investment trust, American Hotel Income Properties, for a total of $61 million. Excluding the mandatory $10.6 million in brand-related property improvements, this totals to about $109,000/unit. The Tampa properties […]

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MIDFLORIDA Credit Union Buys Southdale Commons

Tampa’s Southdale Commons shopping plaza, located at 1108 Dale Mabry Hwy., 33607, was sold to MIDFLORIDA Credit Union. Ellis & Co, Ltd. sold the 22,672 square-foot office building for a total of $9.5 million, or roughly $419/SF. The property is currently under renovation. For more information on this sale, click here. Contact us at 813.514.1070 […]

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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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Sale of Ruskin’s Amazon Warehouse Marks New High for Tampa’s Real Estate Markets

This past Tuesday marked a high-point in the Tampa real estate market. Amazon’s million-square-foot warehouse and fulfillment center in Ruskin (zip code 33570) was sold for a whopping $103.6 million to a Phoenix-based real estate investment trust (Cole Office & Industrial REIT II). This is equivalent to roughly $100/sqf, making this deal the largest that […]

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Tampa’s Channel District Development Heating Up

Tampa-based investment and development firm Liberty Group recently purchased a hot parcel of vacant land in downtown Tampa’s Channel District (zip code 33602). The lot, comprising nearly an acre of land, is located between N. Meridian and Kennedy Blvd.; positioned in prime Tampa real estate. Although Liberty Group has yet to announce any plans for […]

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Hilton Garden Sells for $12.5 million – East Tampa

Address 10309 Highland Manor Drive Property Type Hotel Sales Date 3/2013 Sales Amount $12,500,000 Sq Ft 3.53 Acres Rooms 152 Stories 6 The California based investment company, MIG Real Estate LLC, has purchased the Hilton Garden Inn Tampa location in East Tampa/Brandon Area. This third hotel acquisition by MIG sinceĀ SeptemberĀ 2012 …Continue ReadingĀ  HILLSBOROUGH COUNTY PROPERTY […]

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