Westshore Office Portfolio 2022_Property for Sale
Westshore Office Portfolio 2022_Property for Sale
US

Westshore Office Portfolio 2022

Portfolio description

JLL Capital Markets (“JLL”) is pleased to exclusively offer the opportunity to acquire The Westshore Office Portfolio (the “Portfolio, Properties or Buildings”), a three-building portfolio of 3 and 4-story Class A office buildings located in the Westshore submarket in Tampa, Florida. The Portfolio is 80.7% occupied to a high-quality roster of global and national tenants. The offering is further bolstered by the durability of the tenant base, with a 7.5-year weighted average lease term (WALT). The buildings combine excellent office tenancy with preferred suburban locations, providing convenient accessibility between Hillsborough and Pinellas counties. These complimentary properties provide both excellent yearly cash certainty from high caliber tenants and leasing upside NOI growth in one of Tampa’s most vibrant office submarkets.

...

Attributes

Building area gross
22,938 m²
Occupancy
81.00%
Year built
1995
Land area gross
0.81 ha (8,094 m²)
Westshore Office Portfolio 2022 (3 Properties)
Westshore Office Portfolio 2022 (3 Properties)

Media

Investment Highlights

  • 68% Nationally Recognized Tenancy
  • 7.50 Year Walt
  • 6% Rollover in Next 6 Years
  • $5M in Recent Capital Improvements
  • Convenient Access to Nearby Westshore Amenities
  • Bright, 2-Story Atrium Lobbies
Westshore Office Portfolio 2022 4_Property for Sale
Westshore Office Portfolio 2022 4_Property for Sale

Contact brokers

Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
30 Nov 2022