TAMPA, FL—Hudson, MA-based private investment firm Calare Properties has acquired a 14-buiding office and industrial portfolio in the greater Tampa area.

Calare reports its purchase of Airport Corporate Center near Tampa International Airport and Bay Tec Center in St. Petersburg. The two properties total 231,867 square feet of office and industrial space on a combined 20 acres of land. No terms of the transaction were announced.

“We are excited to announce our expansion into the Tampa area with this strategic portfolio purchase,” says Bill Manley, managing partner and CIO of Calare Properties. “The addition of the two facilities gives us a strong foothold in an area with a fast-growing economy. It is a testament to our ability to seek out phenomenal investment opportunities outside of our traditional target markets.”