Wells Fargo Center sellers regain equity interest


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  • | 10:00 a.m. April 3, 2015
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Feldman Equities LLC and Tower Realty Partners announced they have reacquired an equity position in Wells Fargo Center, a 22-story, 387,477-square foot-office tower in downtown Tampa. The companies say they have formed a joint venture with Connecticut institutional investor Greenfield Partners, which purchased the building late last year.

The office building, located at 100 S. Ashley Drive, Tampa, sold for $78 million, or $201 per rentable square foot.

Feldman Equities and Tower Realty originally acquired the building at the end of 2012 in a joint venture partnership with another institutional investor for $44.8 million.

 

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