Tampa, FL – June 5, 2012 – (RealEstateRama) — Equity Office Properties, an affiliate of The Blackstone Group, appointed CBRE to lease the Highland Oaks master-planned office park in the East Tampa submarket. Located at Martin Luther King Jr. Boulevard and Falkenburg Road, the entire portfolio comprises five Class A office buildings with more than 575,000 rentable square feet total.
The Blackstone Group acquired the Highland Oaks portfolio in December 2011 as part of a $1 billion nationwide acquisition. CBRE Vice President Clay Wommack and First Vice President Roxanne Kemph have been appointed as exclusive leasing representation for the five-building office park.
“Equity Office Properties is first-class institutional ownership. We are excited to partner with them and facilitate their investment goals for these assets. This Class A office park is truly a gem in the East Tampa market,” said Wommack.
Completed between 1999 and 2008, Highland Oaks I, II, III, IV and V offer campus-setting amenities including on-site fitness centers and cafés in courtyard settings with manicured landscaping throughout. The buildings also feature elegant interiors, high parking ratios and fiber-optic cable services.
Larger tenants of the Highland Oaks buildings include McDonald’s Corporation, Opis Management Resources, Quality Distribution, Greystone Healthcare, Nortrax, Inc., and Virginia College.
Highland Oaks I is located at 10150 Highland Manor Drive and is a four-story, 125,000-square-foot building built in 1999. Highland Oaks II, also a four-story, 125,000-square-foot, was building built in 2000 and is located at 10210 Highland Manor Drive. Highland Oaks III and IV are located at 4041 and 4042 Park Oaks Boulevard, built in 2007 and 2008 respectively. Highland Oaks III is three stories with over 102,000 square feet and Highland Oaks IV is four stories with over 128,000 square feet. The Highland Oaks V building, located at 10401 Highland Manor Drive, was completed in 2007 and is a three-story, 98,000-square-foot building.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
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