Marcus & Millichap Sells 25,088-SF Office Building in Tampa, FL

TAMPA, FL, November 3, 2009 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Palms Center (top left photo), a 25,088-square foot office property located in Tampa, FL, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $2,700,000.
Michael J. Jaworski, (bottom right photo) an investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a limited liability company, was also secured by Michael Jaworski.

Palms Center is situated at 15043 Bruce B. Downs Boulevard, a superb location with significant frontage on a major divided road. “The property has long term leases and a great tenant history”, says Jaworski. “The price was approximately $125 per rentable square foot on the two buildings”.

Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700