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Osprey Mgmt Sells 398,000-SF Suburban Tampa Office Portfolio

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Osprey Management Company LLC has sold a portfolio of seven suburban office buildings in the Tampa, FL market for $ 101 million, or about $ 145 per square foot, to The Dilweg Companies. The 698,100-square-foot portfolio is 74 percent leased to multiple tenants, with no single tenant representing more than 11 percent of total rentable area. “With this purchase, Dilweg is acquiring a high-quality office portfolio in the dynamic greater Tampa market…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

Post Tagged with 398000SF, Mgmt., Office, Osprey, Portfolio, Sells, Suburban, Tampa

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Today, Tampa is part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C. and Atlanta.[14] The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.

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The city is divided into many neighborhoods, many of which were towns and unincorporated communities annexed by the growing city. Generally, the city is divided into the following areas: Downtown Tampa, New Tampa, West Tampa, East Tampa, North Tampa, and South Tampa. Well-known neighborhoods include Ybor City, Forest Hills, Ballast Point, Sulphur Springs, Seminole Heights, Tampa Heights, Palma Ceia, Hyde Park, Davis Islands, Tampa Palms, College Hill, and non-residential areas of Gary and the Westshore Business District.

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