Largo office park sold for $6.2 million

By Louis Llovio
| 4:05 p.m. August 6, 2025
| 2 Free Articles Remaining!

The Raymond James Office Park in Pinellas Park has been sold.

Tampa Bay-Lakeland

A Pinellas County office park has been sold for $6.2 million to a local business owner.

The property is the Raymond James Office Park, a 48,035-square property at 2401 W. Bay Dr. in Largo.

The sale was announced by Marcus & Millichap. A spokesperson for the firm says Michael D. Hendzel of MavBrands, a Belleair Bluffs company, was the buyer.

The seller is a Clearwater LLC, West Bay Professional Center, which paid $2.65 million for the property in 2012.

The office park is made up of six one-story buildings and sits on 4.2 acres with more than 450 feet of frontage along West Bay Drive, which connects U.S. Highway 19 to Gulf Boulevard.

It has a mix of legal, medical and financial tenants says Marcus & Millichap.

The firm’s Ronnie Issenberg, Gabriel Britti and Ricardo Esteves represented both the buyer and seller in the deal.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.