Fifth Third Center sells for $47M

TAMPA — Atlanta-based Fairlead Commercial Real Estate LLC purchased the 281,187-square-foot Fifth Third Center in downtown Tampa for $47.25 million.

The price equated to $168 per square foot. 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.

Located across Kennedy Boulevard from Lykes Gaslight Square Park and near Tampa City Hall, the 32-year-old building features 19 stories of office. The property includes a two-story ground-floor lobby, cafe, conference room, tenant storage and a six-story connected 244-space parking garage.