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CBRE facilitates sale of office asset in Tampa for 14.5 million

| Jo-Lynn Brown

CBRE has arranged the sale of Tampa Oaks II, a Class A, 104,080-square-foot office building, located at 12906 Tampa Oaks Boulevard, in Tampa, for $14.5 million.

“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,” said CBRE senior vice president Dale Peterson, in a statement.

The office building was constructed in 2008 by Opus South Corp. Major tenants include Liberty Mutual Insurance Company, Fieldstone A&E and Home Encounter.

Dale Peterson, Joe Chick, Kristen McFarland Hagen, Courtney Snell and Nick Sharpe with CBRE Capital Markets represented the seller, TerraCap Management, in the transaction.

The buyer was represented by Marc Magliarditi and Travis Landes of CBRE’s Las Vegas office.

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