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8733 Henderson Road

Updated Mar 4, 2025

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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

About this deal

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

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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

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