The acquisitions grow the firm's Tampa area portfolio to 340,000 sf and its Florida portfolio to one million sf out of a total eight million sf owned nationally.
The two buildings are part of Denholtz's May $183.6 million purchase of 2.7 million sf of mixed properties from Chicago-based Banyan Strategic Realty Trust.
The acquired Tampa area properties are the 79,000-sf Colonial Penn building in the Westshore District submarket, three miles from Tampa International Airport; and the 81,000-sf Commerce Center in the Interstate 75 corridor submarket of Sarasota, eight miles from Sarasota International Airport. Both buildings are 100% leased.
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