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1 North Dale Mabry Highway

Tommy Spinosa Of Enverra Real Estate Partners Acquires Tampa Office Building For $40.3M
SOLDOffice

Tommy Spinosa Of Enverra Real Estate Partners Acquires Tampa Office Building For $40.3M

1 North Dale Mabry Highway

$40,300,000

$155/SF

Building Size

260,000 SF

Asset Type

Office

Closing

Dec 3, 2025

AI

The 1 North Dale Mabry Highway is a 13-story office building located in Tampa. The asset encompasses a total square footage of 260,000 and was sold for a transaction price of $40,300,000, translating to a price per square foot of $155.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $40,300,000
  • Buyer: Tommy Spinosa - Enverra Real Estate Partners
  • Seller: Jonathan Slager - Bridge Investment Group
  • Sale Date: 12/03/2025
  • Market: Tampa
  • Square Footage: 260,000
  • Price Per Square Foot: $155

Tommy Spinosa of Enverra Real Estate Partners represented the buyer in this transaction, while Jonathan Slager of Bridge Investment Group represented the seller. Enverra plans to invest $4 million in upgrades to enhance the property, which will include amenities such as a lounge, coffee bar, and outdoor terrace to improve leasing opportunities.

Players

Jonathan Slager

Bridge Investment Group

Seller

$2.1B

vol

29 deals

Seller

Tampa Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93