Marcus & Millichap Sells 4,666-SF Office Building in Tampa, FL

TAMPA, FL, July 16, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of this South Tampa Office Building (top left photo), a 4,666-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 $540,000.

Francesco P. Carriera (bottom right photo), senior associate and Michael J. Jaworski, (bottom left photo)  investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the Florida-based seller.

The buyer, a limited liability company also based out of Florida, was represented by Mark Paris of Re/Max.

South Tampa Office Building is located at 3301 West Gandy Boulevard. The property was originally a two-story residence with 10 rooms.

The previous tenant had invested in high quality build-out throughout the entire asset, which included hardwood flooring, tile, new carpeting, new bathrooms and elegant lighting fixtures. Natural light was a key attribute of this window-laden building.

“The property had multiple offers from both investors and owner/users and it closed within 60 days from contract,” says Jaworski.

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