It Was the Last Value-Add Office in Westshore

TAMPA, FL—Tampa’s Westshore submarket heated up in 2014, so it only seems fitting that the year would end with another transaction there. Fairlead Commercial Real Estate partnered with Bridge Investment Group to snap up Westshore 500, a class A 129,728-square-foot office building, through its investment fund.

Located at 500 North Westshore Boulevard in Tampa, FL, this deal marks the seventh office tower and the second office building acquisition in Tampa for Fairlead and its partners this year. Fairlead acquired the 19-story office building Fifth Third Center in Downtown Tampa in the summer of 2014. Financial terms of the deal were not disclosed.