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CBRE to lease Highland Oaks


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  • | 4:09 p.m. June 6, 2012
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  • Tampa Bay-Lakeland
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TAMPA — Equity Office Properties, an affiliate of The Blackstone Group, has selected CBRE to lease its Highland Oaks office complex in east Tampa.

The Blackstone Group purchased the office complex for $74.83 million, or $130 per square foot, in December, as part of a $1.06 billion office portfolio sale from Duke Realty Corp. The sale included the five Highland Oaks buildings, a 450,000-square-foot JP Morgan Chase building and a 3.44-acre vacant site.

According to a news release, CBRE will be responsible for leasing the 575,183 square feet of class A office space in the five Highland Oaks buildings. CBRE Vice President Clay Wommack and First Vice President Roxanne Kemph are the exclusive leasing representatives for the office park.

Located at the northwest corner of Martin Luther King Jr. Boulevard and Interstate 75, the Highland Oaks buildings were built between 1999 and 2008, and offer amenities including on-site fitness centers and cafes.

Large tenants of the office complex include McDonald's Corp., Opis Management Resources, Quality Distribution, Greystone Healthcare, Nortrax Inc., and Virginia College, the release says.

Los Angeles-based CBRE Group Inc. is the largest commercial real estate services firm in the world with more than 34,000 employees.

 

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