{"id":1004163544,"date":"2017-01-09T08:34:32","date_gmt":"2017-01-09T16:34:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004163544"},"modified":"2022-12-07T11:01:12","modified_gmt":"2022-12-07T19:01:12","slug":"cw-negotiates-sale-and-financing-of-tampa-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/","title":{"rendered":"C&amp;W Negotiates Sale and Financing of Tampa Office Campus"},"content":{"rendered":"<p><em>By Robert Demeter<\/em><\/p>\n<div id=\"attachment_1004163545\" style=\"width: 368px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004163545\" data-attachment-id=\"1004163545\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/attachment\/7351\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Meridian Premier Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Meridian Premier Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg?w=640\" class=\"wp-image-1004163545 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\" alt=\"Meridian Premier Center\" width=\"358\" height=\"286\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 358px) 100vw, 358px\" \/><\/a><p id=\"caption-attachment-1004163545\" class=\"wp-caption-text\">Meridian Premier Center<\/p><\/div>\n<p><strong>Tampa, Fla.<\/strong>\u2014Cushman &amp; Wakefield has negotiated the sale and financing of Meridian Premier Center, a 103,521-square-foot office campus located in the Northwest Tampa submarket. The asset traded for $14.8 million, or $143 per square foot.<\/p>\n<p>The Capital Markets team of Executive Managing Director Mike Davis and Senior Directors Rick Brugge and Michael Lerner represented the seller, Tampa-based Meridian Development Group and its partner, Blue Vista Capital, in the transaction. Investor Tom Frederick of Worldwide Investments was the buyer. Cushman &amp; Wakefield procured a $10.5 million, 10-year fixed rate loan with flexible terms for the buyer from Wells Fargo. The loan was sourced by Senior Director Jason Hochman of Cushman &amp; Wakefield\u2019s Equity, Debt and Structured Finance group.<\/p>\n<p>Built in three phases between 1997 and 2002, Meridian Premier Center is a three-building office campus situated on a 12.3-acre site at 3901, 3920 and 3950 Premier North Drive. The one-story, steel-frame buildings feature glass storefronts, floor plates ranging from 20,162 to 49,315 square feet with above-standard ceiling height and a total of 621 parking spaces, according to Yardi Matrix. A recent $1 million capital upgrade program included new signage, updated common areas, landscaping upgrades and parking renovations. At the time of the sale, the campus was 96 percent leased.<\/p>\n<p>The location provides convenient access to Dale Mabry Highway, Busch Boulevard, Linebaugh Avenue, Interstate 275 and to the Veterans Expressway. Meridian Premier Center is also in close proximity to Carrollwood, Westchase, Cheval and Avila, as well as to an abundance of national retailers and amenities.<\/p>\n<p>\u201cThe quality of the buildings, their location, high parking ratio and national tenancy will continue to enable Meridian Premier Center to attract users seeking high-quality, well-located and moderately priced suburban office space, said Brugge. \u201cFurther, the sale price is representative of the solid fundamentals in the Tampa office market and investor confidence in Tampa\u2019s continued population and job growth.\u201d<\/p>\n<p><em>Photo via Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meridian Premier Center is a three-building office campus located in suburban Tampa, with convenient access to major thoroughfares and a wide array of amenities.<\/p>\n","protected":false},"author":49,"featured_media":1004163545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21742,21747,1612],"tags":[32799,33385],"class_list":["post-1004163544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-latest","category-office","category-tampa","tag-cushman-wakefield","tag-meridian-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>C&amp;W Negotiates Sale and Financing of Tampa Office Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C&amp;W Negotiates Sale and Financing of Tampa Office Campus\" \/>\n<meta property=\"og:description\" content=\"Meridian Premier Center is a three-building office campus located in suburban Tampa, with convenient access to major thoroughfares and a wide array of amenities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-09T16:34:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T19:01:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/\",\"name\":\"C&amp;W Negotiates Sale and Financing of Tampa Office Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\",\"datePublished\":\"2017-01-09T16:34:32+00:00\",\"dateModified\":\"2022-12-07T19:01:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg\",\"width\":640,\"height\":512,\"caption\":\"Meridian Premier Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"C&amp;W Negotiates Sale and Financing of Tampa Office Campus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"C&amp;W Negotiates Sale and Financing of Tampa Office Campus - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/","og_locale":"en_US","og_type":"article","og_title":"C&amp;W Negotiates Sale and Financing of Tampa Office Campus","og_description":"Meridian Premier Center is a three-building office campus located in suburban Tampa, with convenient access to major thoroughfares and a wide array of amenities.","og_url":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-01-09T16:34:32+00:00","article_modified_time":"2022-12-07T19:01:12+00:00","og_image":[{"width":640,"height":512,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg","type":"image\/jpeg"}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/","url":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/","name":"C&amp;W Negotiates Sale and Financing of Tampa Office Campus - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg","datePublished":"2017-01-09T16:34:32+00:00","dateModified":"2022-12-07T19:01:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg","width":640,"height":512,"caption":"Meridian Premier Center"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cw-negotiates-sale-and-financing-of-tampa-office-campus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"C&amp;W Negotiates Sale and Financing of Tampa Office Campus"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/7351.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004163544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004163544"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004163544\/revisions"}],"predecessor-version":[{"id":1004617570,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004163544\/revisions\/1004617570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004163545"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004163544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004163544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004163544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}