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| Melanie Jackson |
CLEARWATER, FL – Park
Place Office & Promenade, one of the most well-known office parks in
Pinellas County, Fla., has sold to an affiliate of Steelbridge Capital, a real
estate investment company with headquarters in Chicago and Miami. The purchase
price was not disclosed.
The properties, located at
311, 410, 420 and 430 Park Place Boulevard in Clearwater include a six-story,
118,447-square-foot office building and three, single-story, promenade-style buildings,
totaling 50,221 square feet. The property was 96 percent occupied at the time
of sale.
John Gerlach,
CCIM, Vice President of Investment Services at Colliers International Tampa
Bay, represented the undisclosed seller. The buyer is Steelbridge II, Park
Place LLC.
“We are pleased to be back
in Tampa buying office property” said Mike
Manno, Principal at Steelbridge Real Estate Services. “After our successes
in the last cycle with such properties as the Urban Center and Sunforest I and
II in Westshore, and Bushwood II and III in North Tampa, we are focused on
expanding our Tampa Bay regional footprint.”
 |
| Melissa Hazlewood |
Steelbridge will manage
the property in concert with the Tampa office of JLL. Colliers International
Tampa Bay’s office team of Alan Feldshue
and Melanie Jackson will continue to
lease the property, as they have since 2007.
Melissa Hazlewood, Regional Manager with JLL, stated, “We are very excited to partner
with Steelbridge and continue our contribution to the asset’s investment goals
as we did successfully for prior ownership.”
For a complete copy of the company’s news release,
please contact:
Juliette Lauer
Account Executive
B2 Communications
p 727.895.5030 x107 | c
407.405.5696
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