$499 million - 49.9% interest in Tampa's International Plaza

  • By Business Observer Staff
  • | 10:00 a.m. December 26, 2014
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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Taubman Centers Inc. sold a 49.9% interest in the center to a joint venture of TIAA-CREF and Dutch pension services APG for $499 million.

Location: 2223 N. Westshore Blvd., Tampa
PURCHASE DATE: Not recorded, but announced Jan. 30
SELLER AGENT: Eastdil Secured LLC

Details: The purchase price consisted of $337 million in cash and $162 million of beneficial interest in debt.

 

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