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Sunday, February 21, 2010

Westshore Business District activity in Tampa Bay

TAMPA, Florida - Triple Net Lease Properties would like to revisit this Business area in Tampa Bay. We feel this area is full of long term investments. This is a sample of a transaction in the past months.

The Westshore Business District has more activity as The PBSJ Corp. will relocate its Tampa office to MetWest One. This building is a LEED-certified office building, which was recently opened at MetWest International. The announcement comes from Taylor & Mathis of Florida.

The PBSJ Corp. is an engineering, architecture and construction company. They signed a long-term lease for 83,000sf starting in January 2010. The Westshore Business District location will serve as the company's headquarters. Taylor & Mathis Managing Director of Leasing, Angela Odell, negotiated the transaction on behalf of the owner, MetLife.

In 2006, PBSJ moved its headquarters to Tampa from Miami. They are currently located at Cypress Commons, 5300 W. Cypress Street. That Westshore building, which was constructed in 1985, is owned by Eola Capital LLC. This location is at the signalized intersection of W. Cypress St. and E. Frontage Road. Florida Commercial Real Estate is still a force. This Tampa Bay Market is ripe for Net Lease Property Investments.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.



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