NetPark Tampa Bay, a former shopping mall that became the largest office building in Tampa spanning nearly 1M SF, has been sold for a price that exceeded its last trade in 2005.
NetPark, located at 5701 E. Hillsborough Avenue in the East Lake-Orient Park neighborhood of Tampa, was purchased by New Jersey-based Saxum Real Estate Partners for $45M. The seller was Bluett Capital Realty, based in Sacramento.
According to CBRE, which represented the seller and their tenants-in-common ownership group, NetPark is the largest office property sold in the Southeast since 2022.
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