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| Krone Weidler |
LITHIA, FL, Jan. 15, 2019 – Marcus & Millichap (NYSE: MMI),
a leading commercial real estate investment services firm with offices
throughout the United States and Canada, today announced the sale of FishHawk
HealthPark, a 21,640-square foot office property located in Lithia, Fla.,
according to Ari Ravi, regional manager of the firm’s Tampa office.
The asset sold for
$5,700,000.
Jaclyn Blair, Krone Weidler and L.J. Tsunis, investment specialists in Marcus & Millichap’s Tampa
office, had the exclusive listing to market the property on behalf of the
seller, a limited liability company.
The buyer, a limited liability company, was secured and
represented by Dana Speer, an
investment specialist in Marcus & Millichap’s Tampa office.
“Fishhawk Healthpark attracted substantial interest from both healthcare
specific buyers and private investors across the southeast. The strategic
location of the asset and the quality of the tenant mix resulted in a total of
8 offers and substantial proceeds for the seller,” says L.J. Tsunis.
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| Jaclyn Blair |
“FishHawk Medical Plaza provided a strong tenant mix in a growing location
for my buyer who was involved in a complex 1031 exchange. This asset
offered her an opportunity to own a stable, long-term asset close to home that
met her return requirements,” adds Dana Speer.
“Fishhawk Healthpark attracted substantial interest from both healthcare
specific buyers and private investors across the southeast. The strategic
location of the asset and the quality of the tenant mix resulted in a total of
8 offers and substantial proceeds for the seller and ultimately sold to a
private investor in a 1031 exchange,” says Jaclyn Blair.
FishHawk HealthPark, consists of a two,
one-story buildings, for a combined 21,640 square feet. The buildings are new,
modern medical office space with construction completed in 2016 and 2017.
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| L.J. Tsunis |
FishHawk HealthPark is the only medically zoned space in the
newest phase of this planned community and is located on a busy corner of
FishHawk Boulevard with 18,000+ vehicles per day.
Currently 90.4% occupied,
tenants include BayCare Medical Group, Pediatric HealthCare Alliance,
Comprehensive Center for Dermatology, iHeart Smiles Pediatric Dentist, Watts
Dental, Chiropractor and a pharmacy.
With over 1,800 investment sales and financing professionals located
throughout the United States and Canada, Marcus & Millichap is a leading
specialist in commercial real estate investment sales, financing, research and
advisory services.
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| Fishhawk Healthpark, 5611 Skytop Drive, in the planned residential community of FishHawk West. Lithia, FL |
Founded in 1971, the firm closed over 9,000 transactions in
2017 with a value of approximately $42.2 billion. Marcus & Millichap has
perfected a powerful system for marketing properties that combines investment
specialization, local market expertise, the industry’s most comprehensive
research, state-of-the-art technology, and relationships with the largest pool
of qualified investors.
To learn more, please visit: www.MarcusMillichap.com
CONTACTS:
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
Whitney Davis
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Marketing
Coordinator
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