Tuesday, July 29, 2008

Cushman & Wakefield Negotiates Sale of Corporate Oaks and Centerpointe for $47.3M


TAMPA, FL-– Cushman & Wakefield negotiated the sale of Corporate Oaks (photo at left) and Centerpointe (top right photo) in Tampa, Florida for $47.3 million. This represents Central Florida’s largest office sale this year.

The property was 92 percent occupied at the time of the sale. The two buildings combined total 350,232 rentable square feet.


Executive Director Mike Davis (Capital Markets) and Associate Director Rick Brugge, CCIM (Capital Markets) negotiated the sale on behalf of the seller, USAA Real Estate Company. The buyer was TA Associates

Mr. Davis was quoted as saying, “This is indicative that buyers remain bullish about commercial properties in the Tampa Bay area.”

.Contact: Debbie P’Simer
813-204-5333
debbie.p’simer@cushwake.com

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