TAMPA, FL-Parkway Properties Inc. has picked up Westshore Corporate Center, a 12-story office property in Tampa's Westshore area, for $22.5 million. The 170,000-square-foot office building, constructed in 1988, is located at 600 N. Westshore Blvd. and is roughly 78% occupied.
According to a filing with U.S. Securities and Exchange Commission, the acquisition price was funded with roughly $8.8 million in cash and the assumption of roughly $14.5 million of debt acquired by the property. Parkway Realty Services is managing the office building. For the full story, go to Tampa Bay Business Journal .
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