St. Petersburg, Florida
Bayview Office Building
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Transaction Details
11300 4th Street North
St. Petersburg, FL 33716
72,751 Sq. Ft.
PROPERTY TYPE
Office
Investment Highlights
- Opportunistic acquisition
- Class B office building in St Petersburg
- 63% leased at acquisition with Cox Media as anchor tenant
- Executed capital repositioning plan including upgraded lobby, common areas, restrooms, signage, and exterior entrance
- Increased rental rates and occupancy to 88% at disposition
- Sold to affiliates of Kennedy Investments