Florida firm buys Tampa offices

CTO Realty Growth buys Sabal Pavilion property occupied by Ford Motor Credit


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  • | 6:00 a.m. October 23, 2020
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COURTESY PHOTO — CTO Realty Growth, of Daytona Beach, has acquired the Sabal Pavilion building occupied by Ford Motor Credit.
COURTESY PHOTO — CTO Realty Growth, of Daytona Beach, has acquired the Sabal Pavilion building occupied by Ford Motor Credit.
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CTO Realty Growth Inc., a Daytona Beach-based investment firm that specializes in stand-alone, net-leased properties, has acquired a four-story office building in Tampa’s Orient Park for $26.9 million.

The deal for the 120,500-square-foot building, which is fully occupied by Ford Motor Credit, represents one of the largest office transactions of this year in the Tampa Bay area.

 

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