{"id":1004202139,"date":"2018-01-03T07:42:08","date_gmt":"2018-01-03T15:42:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004202139"},"modified":"2022-12-07T07:57:27","modified_gmt":"2022-12-07T15:57:27","slug":"cw-brokers-st-petersburg-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cw-brokers-st-petersburg-office-sale\/","title":{"rendered":"C&W Brokers St. Petersburg Office Sale"},"content":{"rendered":"

By Timea Papp<\/p>\n

\"Gateway<\/a>

Gateway Point<\/p><\/div>\n

Cushman & Wakefield has negotiated the sale of Gateway Point, a 50,931-square-foot office building in St. Petersburg, Fla. The seller, Tampa-based BDI Properties, sold the asset to Anderson Ventures Inc. in a $5.7 million deal. Gateway Point is fully occupied by a single tenant, JSA Healthcare Corp., a subsidiary of DaVita Medical Group, which occupied Gateway Point for seven years and uses the building as its corporate headquarters.<\/p>\n

Located at 10051 Fifth St. North, the property sits on a 3.7-acre parcel in the city\u2019s Gateway submarket. Gateway Point was built in 1978 and recently underwent a series of improvements, including a roof replacement. Additionally, the tenant upgraded the lobby, restrooms and reception area.\u00a0<\/p>\n

Central location<\/h2>\n

The Cushman & Wakefield team of Senior Director Wendy Giffin, Executive Director Rick Brugge, Vice Chairman Mike Davis and Executive Director Michael Lerner worked on behalf of the seller in the transaction. Last year, Cushman & Wakefield\u00a0assisted the seller in the disposition of Buschwood Park One and Two,\u00a0a 171,166-square-foot office park in Tampa<\/a>, Fla.<\/p>\n

\u201cAvailable sites for new office construction are extremely limited in St. Petersburg\u2019s Gateway submarket,\u201d<\/em> said Giffin, in a prepared statement. \u201cThe lack of competition from new development paired with a desirable central location gives this property high potential for future rent growth.\u201d<\/em><\/p>\n

Gateway Point is centrally located within the Tampa\u2013St. Petersburg\u2013Clearwater metro area. The property provides frontage on Gandy Boulevard and offers access to Interstate 275.<\/p>\n

Image courtesy of Cushman & Wakefield<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The team of Senior Director Wendy Giffin, Executive Director Rick Brugge, Vice Chairman Mike Davis and Executive Director Michael Lerner represented the seller in the transaction.<\/p>\n","protected":false},"author":240,"featured_media":1004202140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21747,1612],"tags":[32799,34021,36244,36245],"class_list":["post-1004202139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-office","category-tampa","tag-cushman-wakefield","tag-michael-lerner","tag-mike-davis","tag-rick-brugge"],"acf":[],"yoast_head":"\nC&W Brokers St. Petersburg Office Sale - 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-brokers-st-petersburg-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C&W Brokers St. Petersburg Office Sale\" \/>\n<meta property=\"og:description\" content=\"The team of Senior Director Wendy Giffin, Executive Director Rick Brugge, Vice Chairman Mike Davis and Executive Director Michael Lerner represented the seller in the transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cw-brokers-st-petersburg-office-sale\/\" \/>\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=\"2018-01-03T15:42:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T15:57:27+00:00\" \/>\n<meta name=\"author\" content=\"Timea-Erika Papp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Gateway-Point.jpg\" \/>\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-brokers-st-petersburg-office-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cw-brokers-st-petersburg-office-sale\/\",\"name\":\"C&W Brokers St. Petersburg Office Sale - 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