2016 Top Deals | Tampa

The top Tampa Bay commercial real estate sales of 2016 stand in stark contrast to those of the prior year, and reversed a trend toward investors buying downtown trophy properties.

Three of the top five deals involved 3 million square feet of multibuilding suburban office assets, acquired by Workspace Property Trust of Pennsylvania, Vision Properties of New Jersey and Citigroup Technology Inc. of New York.

In 2015, by contrast, three of the top five transactions involved downtown Tampa Class A skyscrapers like the Bank of America Plaza, the SunTrust Financial Centre and the Wells Fargo Center. Together, they totaled 1.7 million square feet.