Starwood Capital Group buys Tampa Commons

BUYER: IX WR 1 North Dale Mabry Highway LP (IX WR Holdings LLC), Greenwich, Conn.
SELLER: Wells REIT II — Tampa Commons LLC
PROPERTY: One N. Dale Mabry Highway, Tampa
PRICE: $43.25 million
PREVIOUS PRICE: $49.08 million, December 2005
LAW FIRM ON DEED: Troutman-Sanders LLP, Atlanta

PLANS, DESCRIPTION: Greenwich, Conn.-based Starwood Capital Group purchased the 254,808-square-foot Tampa Commons office building for $43.25 million.

The price equated to $170 per square foot.