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You are here: Home / Commercial Real Estate & Developers / Hold-Thyssen Negotiates Sale and Lease of Administrative Offices in Tampa Bay’s Westchase Commons and Covington Professional Park

Hold-Thyssen Negotiates Sale and Lease of Administrative Offices in Tampa Bay’s Westchase Commons and Covington Professional Park

August 17, 2020 by Post

Tampa Bay — Hold-Thyssen, Inc. recently negotiated the $549,000 sale of a stand-alone professional office building built in 2007 with 3,000 useable square feet at 13041 W. Linebaugh Ave. in Westchase Commons. 

Transaction specialist Theresa Margaris at Hold-Thyssen’s Clearwater office brokered the sale representing both the seller, Oldsmar-based J. Murphy Enterprises, Inc.  and the buyer, ECA Property Holdings, LLC,  of Tampa.  The buyer – an established retail leasing and property management company – acquired the property for a new HQ and administrative offices.    

At the same time, Margaris brokered a new multi-year lease at 13668 W. Hillsborough Ave. in Covington Professional Park on behalf of the landlord Alder Creek, LLC and the tenant IT service provider Ballast Services. Inc.  The tenant is establishing a brick and mortar location in the 1,089 square foot suite to facilitate collaboration and growth.

Hold-Thyssen, Inc. provides commercial property and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States. 

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Filed Under: Commercial Real Estate & Developers

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