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| Lake Osprey Building at Lakewood Ranch, Lakewood Ranch, FL |
ORLANDO, FL , Sept.13, 2018
– Holliday Fenoglio Fowler, L.P. (HFF) announces the $7.4 million
sale of the Lake Osprey Building at Lakewood Ranch, a
34,103-square-foot, Class A office building in the Sarasota-area community of
Lakewood Ranch, Florida.
The HFF team represented the
seller, TCA 12, LLC, and procured the buyer, Lawrence Holdings, LLC.
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| Robbie McEwan |
The 2.5-acre site is a half mile from Interstate 75 and six miles
northeast of downtown Sarasota. Completed in 2007, the three-story,
multi-tenant office building is fully leased to a mix of local and national
tenants, including HomeBanc, Sarasota Orthopedic Group, PrismHR, Medical Sales
College and Becker & Poliakoff, PA.
The HFF investment advisory team
representing the seller included senior director Robbie McEwan,
CCIM.
“This sale demonstrates both the high demand for and
significant amount of capital chasing office investment product in this
submarket and greater Sarasota, particularly in the middle market $5 - $20
million price tranche,” McEwan said.
“We received a
significant amount of interest from not only local buyers but national and
international groups as well.”
CONTACTS:
ROBBIE MCEWAN
FL Lic. #SL3207356
HFF Senior Director
(407) 745-3900
KRISTEN MURPHY
HFF Director, Public Relations
(617) 848-1572
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