IP Capital completes a Grand deal

$226 million purchase of the Grand Hyatt Tampa Bay and Bayport Plaza will further integrate the two properties in Tampa's Westshore district

  • By Kevin McQuaid
  • | 6:00 a.m. September 6, 2019
COURTESY PHOTO — IP Capital Partners acquired the Grand Hyatt Tampa Bay and adjacent Bayport Plaza for $226 million, in one of the largest commercial real estate transactions in Tampa history.
COURTESY PHOTO — IP Capital Partners acquired the Grand Hyatt Tampa Bay and adjacent Bayport Plaza for $226 million, in one of the largest commercial real estate transactions in Tampa history.
  • Commercial Real Estate
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In one of the largest commercial real estate transactions along the Gulf Coast in the past five years, a Boca Raton investment firm and a Chicago financial partner have acquired the Grand Hyatt Tampa Bay and adjacent Bayport Plaza office building for $226 million.

 

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