Tampa company buys office building

Eisenhower Property Group, a Tampa real estate company, has purchased Westshore Square, a five-story, 60,000-square-foot office building at 4600 W. Cypress St., in an all-cash transaction. 

The property, sitting on 2.6 acres in the heart of Tampa’s Westshore Business District, was sold by Highwood Properties. The company paid $225,000 for it in 1995 according to county property records. The sale price was not released, and Hillsborough County property records have not been updated. 

Westshore Square sits adjacent to the proposed 8.75-acre Westshore Regional Multimodal Center, a planned transportation hub serving the Tampa Bay region. 

It was built in 1977 and is currently 50% occupied. EPG says the firm plans for a “world-class mixed-use development” for the site but has no immediate redevelopment timeline. 

EPG represented itself in the deal. The seller was represented by Paul Carr and Todd Tolbert of Colliers.