The property adjacent to Interstate 85 at 117 Valentine Industrial Parkway totals 1.021 million square feet and was recently completed by USAA Real Estate/Seefried of Atlanta.

In conjunction with the deal, which is expected to close within the next 45 days, the two firms in a joint announcement reported that Roseview Group CEO Vince Costantini will serve as CEO of the combined firm.

In early 2019, WeWork announced its first lease in Tampa in the Tampa Heights district. WeWork at The Heights will be located at a mixed-use development being built at 2002 N. Tampa St. on the northern end of Downtown Tampa.

In the past year, 206,300 new private-sector jobs were created in Florida overall and 24,300 private-sector jobs were created in February 2019.

Since the 2008 recession, healthcare and non-profit companies relocating to the district have taken 1.6 million square feet of space and accounted for 35% of new private sector jobs (16,800) in the district.

The portfolio includes four buildings in Chicago, two buildings in Cincinnati, 12 buildings in Columbus, two buildings in Indianapolis, and one building in Louisville.

The deal marks the second acquisition for The Michaelson Group this month in the City of Temple Terrace.