Next Generation Net Lease Buys Corporate Oaks Office Park
Next Generation Net Lease acquired the three-building Corporate Oaks office park at 5405 - 5505 W. Cypress St. in Tampa, FL from TA Realty for $32 million, or about $162 per square foot. The property consists of 197,279 square feet on 9.3 acres. It is now occupied by New York Life Insurance Company through 2024. The life insurance company has invested about $2.7 million in upgrades to the property. The seller previously completed more than...
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