IP Capital Partners pays $49M for nine of Parkway Properties' buildings

  • By Business Observer Staff
  • | 10:00 a.m. October 24, 2014
  • Tampa Bay-Lakeland
  • Share

BUYER: Sabal Venture LLC (manager: IPCP Sabal Management LLC), Boca Raton
SELLER: FLA Owner LLC
PROPERTY: 9720, 9950, 10002 and 10117 Princess Palm Ave., 3632 Queen Palm Drive and 3901, 3922, 3929 and 3923-3925 Coconut Palm Drive, Tampa
PRICE: $48.7 million
PREVIOUS PRICE: $46.78 million, July 2005
LAW FIRM ON DEED: Driver McAfee Peek & Hawthorne PL, Jacksonville

 

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