Westshore building sells for $40M

TAMPA — Roseview-PMRG Fund I LLC, a $250 million fund formed by Houston's PM Realty Group and Boston-based The Roseview Group, purchased Westshore Center in Tampa for $40 million.
The price equated to $185 per square foot.

The nine-story, 216,410-square-foot office building is located at 1715 N. Westshore Blvd. It was 88% occupied at the time of the sale. The 2.66-acre site also includes a five-story parking garage.
Both of the buildings were constructed in 1984.

An affiliate of Boston-based real estate firm TA Realty has owned the property since 1998.