Jan
09

C&W Negotiates Sale and Financing of Tampa Office Campus

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Meridian Premier Center is a three-building office campus located in suburban Tampa, with convenient access to major thoroughfares and a wide array of amenities.

Meridian Premier CenterMeridian Premier Center

Tampa, Fla.—Cushman & Wakefield has negotiated the sale and financing of Meridian Premier Center, a 103,521-square-foot office campus located in the Northwest Tampa submarket. The asset traded for $14.8 million, or $143 per square foot.

The Capital Markets team of Executive Managing Director Mike Davis and Senior Directors Rick Brugge and Michael Lerner represented the seller, Tampa-based Meridian Development Group and its partner, Blue Vista Capital, in the transaction. Investor Tom Frederick of Worldwide Investments was the buyer. Cushman & Wakefield procured a $10.5 million, 10-year fixed rate loan with flexible terms for the buyer from Wells Fargo. The loan was sourced by Senior Director Jason Hochman of Cushman & Wakefield’s Equity, Debt and Structured Finance group…

C&W Negotiates Sale and Financing of Tampa Office Campus

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