TAMPA, F – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of the University of Tampa Land Development Opportunity, a 2.5 acre Land 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 $4,000,000.
Paul Bouldin (top right photo) , Marcus & Millichap’s Southeastern Land & Development Specialist, led
Dorothy Jackman (top left photo) , Travis Prince (middle right photo) , and
Jeffrey Meyer in the transaction for the Tampa office.
They were engaged as the exclusive agent to market the property on behalf of the seller, a single purpose LLC under the direction of a publicly traded Midwestern company.
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The buyer, Florida Health Sciences Center, Inc., was represented by DeLaVergne & Company, a longtime Tampa area commercial real estate advisory and brokerage services firm.
The property is located at 722 West Kennedy Boulevard. The site is suitable for a number of residential and commercial uses. The buyer has made other acquisitions in the area, but did not disclose any immediate plans or intended uses.
Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
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