Westlake Corporate Center I & II_Immobilie zu verkaufen
Westlake Corporate Center I & II_Immobilie zu verkaufen

Westlake Corporate Center I & II

Tampa, FL, US, Americas

Beschreibung

JLL Capital Markets has been exclusively retained to offer the 100% fee simple interest in Westlake Corporate Center I & II (the “Property”), a 179,966-square-foot, premier Class A office portfolio located on a 13.7-acre site in Tampa’s dynamic Northwest submarket. Currently 90% leased to a creditworthy roster of global and national corporations, the Property provides durable, in-place cash flow. This stability is underscored by a 4.4-year WALT (“weighted average lease term”) and a 10-year WATT (“weighted average tenant tenure”). The Asset’s competitive position has been significantly enhanced through $3M in recent capital improvements, delivering a modernized environment that limits a new owner’s near-term capital exposure. Furthermore, Westlake I & II boasts unmatched connectivity, offering direct access to the Veterans Expressway and proximity to a robust live-work-play amenity base.


This offering represents a compelling opportunity to acquire a stabilized, recently upgraded asset poised to capture the continued upside of Tampa’s powerful economic trajectory.

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Eigenschaften

Gebäudefläche brutto
16.719 m²
Anzahl der Etagen
3
Grundstücksfläche brutto
5,54 Hektar
Baujahr
1999
Vermietungsstand
89,5 %
WALT
4.4 Jahre
Westlake Corporate Center I & II (2 Objekte)
Westlake Corporate Center I & II (2 Objekte)

Medien

Investment-Highlights

High Quality Committed Tenancy

  1. Durable, Long-Term Cash Flow: The Property is anchored by a strong base of major tenants occupying 76% of the RSF with a WATT (“weighted average tenant tenure”) of 11 years, ensuring a secure and predictable income stream with minimal near-term rollover risk.
  2. Proven Tenant Commitment & Location Validation: PennyMac, a national leader in the mortgage industry, has demonstrated a significant commitment to this location through multiple expansions and extensions, serving as a strong endorsement of the property’s quality and strategic advantages.
  3. Significant Leasing Momentum: The Asset has proven its market desirability with significant recent leasing velocity, having executed over 30,000 SF in new and expansionary leases within the last 15 months.
  4. Superior Parking Infrastructure: The Property features a market-leading structured parking ratio of 6.0 per 1,000 SF.


Significant Discount to Westshore with Little Space Remaining

Centrally Located for all of Tampa’s Commuters

Westlake Corporate Center I & II 4_Immobilie zu verkaufen
Westlake Corporate Center I & II 4_Immobilie zu verkaufen

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Zuletzt aktualisiert
16. Jan. 2026