Tampa office building near airport sells at loss


  • By Louis Llovio
  • | 8:00 a.m. August 30, 2025
  • | 0 Free Articles Remaining!
The 176,150-square-foot Fountain Square III in Tampa sold for $27.75 million.
The 176,150-square-foot Fountain Square III in Tampa sold for $27.75 million.
Image courtesy of CBRE
  • Tampa Bay-Lakeland
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A real estate investment company has bought a four-story Tampa office building for $2.57 million less than what the previous owner paid for it in 2010. 

The building, leased by J.P. Morgan Chase, is the 176,150-square-foot Fountain Square III at 4900 Memorial Highway, just off the Veterans Expressway near Tampa International Airport. 

The buyer, according to Hillsborough County property records, paid $25.18 million. It was previously owned by Net Lease Office Properties, which bought it in 2010 for $27.75 million. 

 

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