One President's Plaza Sold For $14.25M In Tampa's Westshore District

One President's Plaza, an office building located at 4902 Eisenhower Boulevard in Tampa's Westshore district, has been sold for $14.25 million. The sale was completed by Tampa Eisenhower, LLC, who had owned and managed the property for 15 years, and the buyer was the Balogh Family Partnership. The transaction allows the buyer to expand its presence in the Westshore submarket, while the seller plans to use the proceeds for other investments.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $14,250,000
• Square Footage: 96,376
• Price per Square Foot: $148
• Address: 4902 Eisenhower Boulevard, Tampa
• Market: Tampa

Kyle Chaikin from Franklin Street represented the Balogh Family Partnership as their buyer's representative in the deal. On the other side, the seller, Tampa Eisenhower, LLC, was represented by Paul Carr, Todd Tolbert, and Nicholas Coccodrilli from Colliers. The buyer aimed to expand its presence in the Westshore submarket, while the seller plans to use the proceeds for other investments, marking the end of their 15-year ownership of the property.