Wachovia Plaza sold for $26-million

Times Staff Writer
Posted: Aug 19, 2008 08:30 PM

Story Tools Initializing... Contact the editor Print this story Comment on this story Social Bookmarking

ADVERTISEMENT Loading Video...

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.

Loading comments...

 

Wachovia Plaza sold for $26-million

To Email *
Personal Message
Your Name *
Your Email *
 

 

Click me for a different validation code

Validation Code *
  Send me a copy
   

 

 

 

* Indicates a required field

Privacy Policy (Opens in new window)