Priam Capital buys eight buildings in Tampa for $52 million

Nashville firm enters market with portfolio purchase from IP Capital Partners

  • By Kevin McQuaid
  • | 6:00 a.m. August 17, 2018
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Priam Capital acquired 3922 Coconut Palm Drive as part of an eight-building deal brokered by Cushman & Wakefield.
COURTESY PHOTO — Priam Capital acquired 3922 Coconut Palm Drive as part of an eight-building deal brokered by Cushman & Wakefield.
  • Commercial Real Estate
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Nashville-based Priam Capital has acquired a portfolio of eight office buildings in suburban Tampa for $52 million, marking its entry into the market.

The company’s newly acquired Collection at Sabal Park, from Boca Raton-based IP Capital Partners LLC, was 86% committed at the time of the sale to tenants including Coca-Cola, Sodexo, Taylor Morrison and Permanent General, among others.

 

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