Torose Equities, Merrimac Buy Tampa Office
The 350,000 square foot, 50-acre property sells for $31 million.
Torose Equities, in partnership with Merrimac Ventures, has closed on the $31 million acquisition of 6302 Corporate Center in Tampa. The approximately 350,000-square-foot property sits on 50 acres in East Tampa. The deal closed on January 18.
6302 Corporate Center marks the first acquisition since real estate veteran Scott Sherman launched Torose in late 2022. Torose focuses on a value-add urban retail, office and mixed-use strategy targeting the Southeastern United States.
The office complex is located at one of Tampa’s transportation junctions and ten minutes from downtown Tampa. Originally developed in 1984 as an outlet mall, the property was converted in 1998 to its current use as a multi-tenant office complex. The 50-acre campus features two lakes, visibility from I-4, newly renovated common areas, an atrium lounge, large floorplans and on-site security. In the past year, the office building has experienced nearly 95,000 square feet of leasing volume. Current tenants’ spaces range in size from 3,000 to 81,000 square feet.