Fairlead In Second Tampa Buy

Fairlead Real Estate's love affair for all things office and Florida continues unabated. This time it's through the purchase of Westshore 500, a Class-A, 130k SF office building in Tampa with equity partner Bridge Investment Group Partners. Fairlead's Jeff Shaw tells us the facility was “one of the last value-add opportunities” in Tampa, and the owners have plans to upgrade the building's common areas and amenities for an undisclosed sum. CBRE's Christian Lee, Dale Peterson, Charles Foschini and Marcos Minaya brokered the deal. Fairlead has already bought once in Tampa with the 281k SF Fifth Third Center (which we reported here), and Jeff tells us its still seeking upwards of $600M in assets to buy with its fund.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Bugatti Lends Brand To 60-Story Miami Condo Tower

Fed Raises Benchmark Rate, Intensifying Borrowing Cost Blues

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Stockdale Hires Fortress Exec To Launch Debt Business

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Furniture Outlet The Dump Is Getting Dumped In Atlanta

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Hines And Rialto Close Office Credit Fund At $1.1B

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting