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The Wachovia Plaza office property, based in the heart of downtown St. Petersburg, was sold by Parkway Properties Inc. of Jackson, Miss., to Orlando's CNL Commercial Real Estate. Gross sales price? $26-million, and Parkway expects to recognize a $9.3-million gain on the property in the current quarter. Parkways says the 186,000-square-foot property was 97.8 percent occupied at the start of August, and the deal includes use of 240 adjacent parking spaces.
[Last modified: Aug 21, 2008 05:53 PM]
Comments on this article
by tim
Aug 21, 2008 5:53 PM
You know, the "heart" of St. Pete. The Times is waiting for the Rays' owners to tell us where that is.
by mike
Aug 21, 2008 11:39 AM
Where is this located? Great details in this story.
by Ted
Aug 21, 2008 11:37 AM
What is the address of the building or where is it located?
by Tom
Aug 21, 2008 11:29 AM
Across the street & south of Baywalk. Good job, SP Times.
by tim
Aug 20, 2008 11:47 AM
So like where is this property?
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