Clearwater CRE firm lands management deal in Tampa, extends Pasco assignment

Hold-Thyssen, a commercial real estate firm based in Clearwater and Winter Park, has been hired to manage two local properties totaling 251,000 square feet. One is a new assignment in Tampa and the other is the extension of an existing arrangement in Port Richey.

Hold-Thyssen says the Tampa property is a 140,000-square-foot office building at 4931 George Road, just off the Veterans Expressway near Tampa International Airport. It sits on 12.36 acres and was built in 1998.

The firm says in a statement that its work will focus “on operational stabilization and value enhancement for the property on behalf of lenders, investors, or future ownership.”

In Port Richey, it will manage a 111,733-square-foot retail/showroom property at 6411 Tacoma Drive. The property just underwent an extensive hurricane-related renovation that included capital improvements.

Hold-Thyssen says it previously served as court-appointed receiver for the property, “overseeing restoration efforts and operational continuity.”

The assignments expand the firm's management footprint across Florida, according to the statement. That includes Greystone, a 220,000-square-foot office park along the I-295 corridor in Jacksonville.

It also manages several receivership and stabilization assignments statewide, it says, including the 850,000-square-foot Koger Center office complex in Tallahassee and the 1 million-square-foot former Winn-Dixie Distribution Center in Orlando.

The firm, according to the statement, specializes in property management, receivership, asset stabilization, and repositioning of office, retail and industrial properties in Florida and the Southeast.