TAMPA, FL-One of Tampa Bay’s most coveted office properties has sold for $46.9 million. Parkway Properties bought the Pointe via its Parkway Properties Office Fund. The seller was undisclosed.

“The Pointe is a landmark asset in the Westshore submarket and includes a strong tenant base consisting of high-quality national and regional credit customers,” James Heistand, president and CEO of Parkway, said in a statement. “With this purchase, Parkway now owns an interest in over 788,000 square feet and manages an additional 299,000 square feet for third-party owners in the Westshore submarket, which provides Parkway with important critical mass in this primarily urban infill area.”

CBRE vice chairman Christian Lee, senior vice president Dale Peterson and senior associate Paul Carr marketed the property for sale on behalf of the seller. The CBRE Capital Markets team in South Florida arranged the acquisition financing through a MassMutual subsidiary, Cornerstone. The South Florida Capital Markets team was led by vice chairman Charles Foschini and vice president Christopher Apone.