REBusinessOnline

RealOp Purchases Office Buildings in Tampa for $15.1M

Grand Plaza Office Center is located at 14497-14499 N. Dale Mabry Highway, 13 miles north of downtown Tampa.

TAMPA, FLA. — RealOp Investments has purchased Grand Plaza Office Center, a twin, two-story office center totaling 134,843 square feet in Tampa. The purchase price was $15.1 million. The property was 83 percent leased at the time of sale and is located at 14497-14499 N. Dale Mabry Highway, 13 miles north of downtown Tampa. RealOp plans to invest in capital improvements across the two buildings, including cosmetic and mechanical renovations to the lobbies, common areas and exterior of the buildings to create modern spaces. The seller was not disclosed.

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