Exit strategy


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  • | 11:00 a.m. April 15, 2016
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  • Tampa Bay-Lakeland
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One of the Gulf Coast's largest office landlords has quietly begun seeking offers for more than a dozen properties it owns in the wake of a lawsuit and a breakdown in long-standing partnership relationships.

Osprey Real Estate Services, which owns more than 1.5 million square feet spread from Tampa to Sarasota, has floated a trio of offering packages to potential buyers through commercial brokerage firm Holliday Fenoglio Fowler L.P. in Miami and Charlotte, N.C., according to documents.

HFF has not assigned specific asking prices to any of the buildings being offered, though a package pertaining to 13-story Sarasota City Center and a 23-story, downtown office tower in Charlotte does note the buildings carry $113.3 million in total debt with an interest-only loan that matures in April 2017.

 

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