2015 Top Deals: Tampa Bay


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  • | 11:00 a.m. December 25, 2015
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  • Tampa Bay-Lakeland
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1. Bank of America Plaza
$193.5 million

The largest sale of the year in the Tampa Bay area also occurred later in the year than other, similar transactions. The Dec. 17 transaction, between seller MetLife Inc. and the buyer, a joint venture between Miami-based Banyan Street Capital and Oaktree Capital Management, of Los Angeles, marked the biggest office tower sale in the region since 2012. The 787,042-square-foot tower, at 101 E. Kennedy Blvd., is also among Tampa's tallest, at 42 stories. Bank of America Plaza also continued a trend involving the sale of Class A, downtown properties in 2015, spurred on by rising rental rates, shrinking inventory and a dearth of new construction.

2. SunTrust Financial Centre: $124 million

 

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