Downtown Tampa’s Park Tower Sells

Sterling Equities has sold the 36-story Park Tower office building, located at 400 N. Tampa St., 33602 to a joint-venture group comprised of Feldman Equities Management, Tower Realty Partners and City Office REIT, Inc. for $79.75 million, or roughly $169/SF.

Better known locally as the “BBT&T Building”, the 473,000 SF office tower is one of the centerpieces of downtown Tampa’s office core and is a prominent feature of the Tampa sky-line.

To read more on this deal, check out this feature in CoStar.