2/20/2009

Tampa office building sells for $20.1M

by

500 N. Westshore Blvd.

Orlando, Fla.-based Eola Capital has acquired 130,000 square feet of Tampa office space from Principal Global Investors for $20.1 million.

Vice Chairman Christian Lee along with Dale Peterson and Ginger Gelsheimer of CB Richard Ellis represented the seller.

The 10-story office building is located at 500 N. Westshore Blvd. and sits at the intersection of Westshore and Interstate 275, adjacent to the Westshore Plaza. The building was built in 1984 and has an occupancy rate of 90 percent. Eola Capital plans to invest in substantial capital improvements to the property.

Address: 500 N. Westshore Blvd., Tampa, Fla.

Size: 130,000 square feet

Built: 1984

---

Filed Under: Office

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009