Portfolio

Westshore Office Portfolio 2022

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()
Occupancy 81.0 %

Portfolio description

JLL Capital Markets (“JLL”) is pleased to exclusively offer the opportunity to acquire The Westshore Office Portfolio (the “Portfolio, Properties or Buildings”), a three-building portfolio of 3 and 4-story Class A office buildings located in the Westshore submarket in Tampa, Florida. The Portfolio is 80.7% occupied to a high-quality roster of global and national tenants. The offering is further bolstered by the durability of the tenant base, with a 7.5-year weighted average lease term (WALT). The buildings combine excellent office tenancy with preferred suburban locations, providing convenient accessibility between Hillsborough and Pinellas counties. These complimentary properties provide both excellent yearly cash certainty from high caliber tenants and leasing upside NOI growth in one of Tampa’s most vibrant office submarkets.

Investment Highlights

  • 68% Nationally Recognized Tenancy
  • 7.50 Year Walt
  • 6% Rollover in Next 6 Years
  • $5M in Recent Capital Improvements
  • Convenient Access to Nearby Westshore Amenities
  • Bright, 2-Story Atrium Lobbies

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Westshore Office Portfolio 2022 (3 Properties)
Westlake Corporate Center II
Tampa, FL, United States
Westlake Corporate Center I
Tampa, FL, United States
Orion Center
Rocky Point, FL, United States
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Last Updated Date: 07 Jun 2022

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