Tampa, FL – April 22, 2014 – CBRE arranged the sale of a former Borders book store, a 22,585-square-foot building located at 2020 Town Center Boulevard in Brandon, FL. The now-vacant property was acquired for $2.05 million by Florida Medical Clinic for an anticipated conversion to medical offices. CBRE represented Business Property Lending, the seller in the transaction. Gregory L. Morgan of Morgan Realty Advisors represented Florida Medical Clinic.
“Florida Medical clinic was attracted to this building’s central location near the Westfield Brandon mall,” said CBRE Senior Vice President Mark Shellabarger, who leads the Private Capital Group – Retail team for the Tampa office. “It is located just off the Lee Roy Selmon Crosstown Expressway with easy access to other major thoroughfares. It is an ideal spot for Florida Medical Clinic to expand their services in the Brandon market.”
Florida Medical Clinic operates more than 30 locations in Hillsborough and Pasco counties.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.