Connecticut's Greenfield Partners pays $78M for Wells Fargo Center

BUYER: 100 South Ashley Property Owner LLC (senior vice president: Barry Marcus), Westport, Conn.
SELLER: FRDGS I LLC
PROPERTY: 100 S. Ashley Drive, Tampa
PRICE: $78 million
PREVIOUS PRICE: $44.8 million, December 2012
LAW FIRM ON DEED: Foley & Lardner LLP, Jacksonville

PLANS, DESCRIPTION:
Connecticut real estate investment firm Greenfield Partners purchased the 22-story Wells Fargo Center and connected nine-story, 515-space parking garage for $78 million.

The price equated to $200 per rentable square foot of the office space. That figure is higher than the two-year average price per square foot for office space ($118) in the Tampa Bay area, according to the CoStar Group.