A joint venture partnership between The Arden Group and Avistone has acquired Breckenridge Park, a 15-building, 334,000-square-foot office and flex complex in Tampa, Fla. The sales price was $31.75 million.
The seller was MLG/PF Breckenridge Investment LLC, which is affiliated with MLG Capital.
Completed between 1982 and 1998, the complex is leased to a diverse mix of local and national tenants, the largest of which occupies 11.8 percent of the GLA. Breckenridge Park is situated on 30 acres at Breckenridge Parkway in eastern Tampa, near multiple major Central Florida thoroughfares, including Interstates 4, 75 and 275, U.S. Route 301 and the LeRoy Selmon Expressway, all providing access to Florida’s largest metro areas, along with several major MSAs in the southeastern United States.
