Linkvest Capital Acquires Manawa Property From B&L Investments Interstate LLC For $31M

Interstate Corporate Center, located at 6302 E Dr. Martin Luther King Jr. Blvd. in the Manawa market, has been sold for $31,000,000.00. The office complex extends over 350,000 square feet and is situated on a 50-acre site. Built in 1984 and renovated in 2018, the property was 80 percent leased at the time of sale, hosting tenants including Hillsborough County School Readiness Coalition Inc., Ashley Furniture Industries Inc., HealthPlanOne, and the Florida Department of Revenue Child Support Services. The largest tenant is Concentrix CVG Customer Management Group Inc., which occupies 81,134 square feet.

Summary of transaction details:

• Property Type: Office Complex
• Transaction Amount: $31,000,000.00
• Seller: B&L Investments Interstate LLC
• Buyer: Linkvest Capital
• Seller's Representative: Kristen Hagen-CBRE, Courtney Snell-CBRE, Dale Peterson-CBRE, Joe Chick-CBRE
• Property Size: 350,000 square feet
• Address: 6302 E Dr. Martin Luther King Jr. Blvd., Tampa, FL
• Market: Manawa

A joint venture between Torose Equities, Merrimac Ventures, and Linkvest Capital completed the transaction. The seller was supported by CBRE representatives including Dale Peterson, Joe Chick, Kristen Hagen, Courtney Snell, and Nick Sharpe. The property was strategically located about six miles from downtown Tampa.