$185MM Mixed-Use Loan Sale | Washington, DC
US - Washington, DC
£149,042,000 | 488,801 sf
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.