St. Petersburg, Florida
740/780/800 Carillon Pkwy
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Transaction Details
740/780/800 Carillon Pkwy.
St. Petersburg, FL 33716
312,543 Sq. Ft.
PROPERTY TYPE
Office
Investment Highlights
- Acquired from affiliates of TA Realty
- Class A office buildings constructed in 1987 & 1991 in Carillon Mixed-Use Park
- Immediately adjacent to Raymond James headquarters
- 90% occupied at acquisition with major tenants including AllState, Humana, and SunTrust
- High cap rate acquisition and purchase price significantly below replacement cost
- Sold to affiliates of Raymond James for expansion of their corporate headquarters