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“These two class A office properties are profiled differently, with value-add and core-plus attributes for 20 Waterview and 35 Waterview, respectively," says Thomas Walsh, JLL managing director.
“Silver Spring Square fits perfectly into our acquisition platform targeting dominant grocer-anchored centers throughout the East Coast,” says The Wilder Companies' Shelley Anderson.
In this day of dwindling foot traffic in the face of rising online sales, brokers need to go the next step to ensure their clients' brick-and-mortar success.
The renovation is providing Trinity Plaza with a new facade, including several new raised sections for visibility and identification, and a new monument sign, landscaping and LED-lit signature towers.
The new ownership plans to demolish the existing building between Eight and Ninth avenues and construct a new nearly 350,000-square-foot mixed-use property in its place.
The hotel is part of the multi-phased Water Street Tampa development project that will include more than 9 million square feet of commercial, residential, hospitality, educational, entertainment, cultural and retail space on 50 acres.
“There is a lending void in specific segments of commercial real estate, especially those under $5 million in size,” says Ben Easterlin V, senior vice president of commercial lending at Angel Oak, and managing director of the new commercial lending arm.