facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Lease

/

8733 Henderson Road

Fred Arena Of Vision Properties Leases 321999-SF Office To Damian Ornani Of Fisher Investments
LEASEDOffice

Fred Arena Of Vision Properties Leases 321999-SF Office To Damian Ornani Of Fisher Investments

8733 Henderson Road

Building Size

321,999 SF

Asset Type

Office

Closing

Mar 3, 2025

AI

The property involved in this lease transaction is a 321,999-square-foot office space located at 8733 Henderson Road in Tampa. This asset is part of the Renaissance Center, a larger office campus that is now almost fully leased, with an occupancy rate of 98%. The landlord, Vision Properties, has undertaken modernization efforts to enhance the attractiveness of the complex.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 8733 Henderson Road
  • Market: Tampa
  • Landlord: Fred Arena - Vision Properties
  • Tenant: Damian Ornani - Fisher Investments
  • Square Footage: 321,999 SF

Fisher Investments is relocating to the new office space as part of its expansion strategy. Fred Arena, representing Vision Properties, plays a crucial role in managing the leasing process while the company is also focused on future developments, including marketing a new 200,000-square-foot building to attract further tenants.

Players

Fred Arena

Vision Properties

Landlord

$396.6M

vol

6 deals

Landlord

Tampa Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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