McIntyre Thanasides Bringgold Elliott Grimaldi Guito & Matthews, P.A Leases 13,700 SF Office Space In Tampa Bay
1228 East 7th Avenue Tampa, Florida 33605, USA
Building Size
13,700 SF
Asset Type
Office
Closing
May 15, 2023
AI
Casa Carbonell, a four-story office building located at 1228 East 7th Avenue in Tampa's historic Ybor City, has recently leased 13,700 square feet of space. The lease transaction involved the law firm McIntyre Thanasides Bringgold Elliott Grimaldi Guito & Matthews, P.A, bringing the building to full occupancy by Fall 2023.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Square Footage: 13,700
- Address: 1228 East 7th Avenue
- Market: Tampa
The lease deal was facilitated by JLL's brokerage team, with representation from both the building's ownership, Darryl Shaw's Casa Ybor, and the tenant's representatives from The Mahr Company. The transaction is expected to bring full occupancy to Casa Carbonell and further enhance the vibrant office space market in Ybor City.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93