FLRE Investors, LLC, has purchased 16400 State Route 54, a single-story office building totaling 171,752 square feet in the Tampa submarket of Odessa, FL, for $38.9 million.

Robbie McEwan, Michael Brewster, Matt McCormack and Gary Godsey of JLL represented the seller in the transaction.

State Route 54 is a dual tenant building occupied by two long-term tenants, Rasmussen University and Santander Consumer, USA. It was fully renovated in 2021, 16400

The property is located at the intersection of Suncoast Pkwy (589) and Highway 54, which provides accessibility to downtown Tampa and the Tampa Airport about 15 miles south. Odessa is a high growth, rapidly expanding residential and enterprise market in the Tampa MSA and currently has more than 17 subdivisions slated for future development.

The post FLRE Investors Puts $39M into Purchase of 172K-SF Odessa Office Building appeared first on Connect CRE.

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