The effective $23.7 million price reflects deductions for re-tenanting costs and credits for capital improvements to the buyer.
The sale marks one of the few class A office transactions this year in metro Tampa, area brokers tell GlobeSt.com.
A prepared statement from Mack-Cali didn't disclose the age, occupancy or average quoted rents at the property. GlobeSt.com couldn't reach Mack-Cali officials at publication deadline.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.