CCP Chosen to Manage Tampa Office Asset
- Oct 26, 2016
By Bogdan Odagescu, Associate Editor
Tampa, Fla.—Richmond, Va.-based Commonwealth Commercial Partners was recently awarded asset and property management duties for Buschwood Park III, an office building located within a 15-minute drive of the Tampa International Airport. CCP will provide services in support of the repositioning of the asset.
Situated at 3350 Buschwood Park Drive, the 77,568-square-foot office property is part of a three-building complex. The property’s current tenant roster includes Global Employment Solutions, CoAdvantage, the U.S. Army Tampa Recruiting Battalion and the U.S. Food & Drug Administration. The building features an atrium lobby with central stairway, and provides easy access to a plethora of nearby restaurants and retail destinations.
The other two buildings, Buschwood Park I & II, are located at 3550 and 3450 Buschwood Park Drive, respectively, and are home to Liberty Mutual, HealthTech Receivables Management, Securitas Inc., Iberiabank Mortgage, Henderson Engineers, Scanovations and Unique Financial Services, among others. The office campus is located just 3 miles west of Interstate 275, offering quick access to many residential clusters, as well as Tampa’s downtown area.
According to Hillsborough County records, Buschwood Park I & II and Buschwood Park III do not have the same owner. The latter is owned by Irving, Texas-based CFGI Smails LLC and last traded in 2007, for $9.7 million.
The Virginia-headquartered Commonwealth Commercial Partners is a full-service commercial real estate firm and was established in 1996. CCP made the news in August, when the firm was awarded asset and property management duties for a 2.5 million-square-foot Class A office and industrial portfolio spread throughout the Mid-Atlantic area and Southeastern U.S. Outside of Virginia, the company also has offices in Florida, Tennessee and North Carolina.
Image courtesy of Commonwealth Commercial Partners