Tuesday, August 18, 2020

Hold-Thyssen Negotiates $549,000 Sale and Lease of Administrative Offices in Tampa Bay’s Westchase Commons and Covington Professional Park


Theresa Margaris

Tampa Bay, FL --- Hold-Thyssen, Inc. recently negotiated the $549,000 sale of a stand-alone professional office building built in 2007 with 3,000 useable square feet at 13041 W. Linebaugh Ave. in Westchase Commons.

Transaction specialist Theresa Margaris at Hold-Thyssen’s Clearwater office brokered the sale representing both the seller, Oldsmar-based J. Murphy Enterprises, Inc.  and the buyer, ECA Property Holdings, LLC,  of Tampa .  The buyer – an established retail leasing and property management company – acquired the property for a new HQ and administrative offices.   

Covington Professional Park
At the same time, Margaris brokered a new multi-year lease at 13668 W. Hillsborough Ave. in Covington Professional Park on behalf of the landlord Alder Creek, LLC and the tenant IT service provider Ballast Services. Inc.  The tenant is establishing a brick and mortar location in the 1,089 square foot suite to facilitate collaboration and growth.
Hold-Thyssen, Inc. provides commercial property and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States . 
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 CONTACTS: 

Richard J. Fisher, Vice President/Investor Services, Hold-Thyssen, Inc. 
813-880-7100 ext303 rfisher@HoldThyssen.com

 Robert P. Hold, Principal, Hold-Thyssen, Inc.
407-691-0505, bhold@HoldThyssen.com

 Beth Payan, Larry Vershel Communications Inc.
407-644-4142 or 407-461-3781 beth@larryvershel.com  

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