Avison Young, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Burns & Wilcox Center, a 3-story, ±67,953 SF Class A suburban office building located at 18302 Highwoods Preserve Pkwy, Tampa, FL (“the Property”).
Class A office building located along Bruce B. Downs Blvd and proximate to affluent residential communities including Tampa Palms, Hunters Green and Cory Lake Isles.
Major nearby economic drivers include: University of South Florida, Moffitt Cancer Center, and JP Morgan Chase.
The asset is currently 93.3% occupied. DTCC leases 32,203 SF until November 2027 and is obligated, per the lease, to contribute $475,000 toward the restoration of their space.
Burns & Wilcox is committed to this location and will remain as a tenant for the long term.
Highwoods Preserve is one of Tampa’s premier mixed-use developments and, given this asset’s current economics and strong leasing history, will continue to deliver consistently high returns.