Clearwater office portfolio sells for $18 million

A local investment group buys the five-building development just north of St. Pete-Clearwater Airport.


  • By Louis Llovio
  • | 11:10 a.m. September 12, 2022
  • | 0 Free Articles Remaining!
A local investment group pays $18 million for five-building development just north of St. Pete-Clearwater Airport. (Courtesy photo)
A local investment group pays $18 million for five-building development just north of St. Pete-Clearwater Airport. (Courtesy photo)
  • Tampa Bay-Lakeland
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A five-building office portfolio in Pinellas County has sold to a Tampa private equity investor.

The portfolio at Rio Vista Drive, north of St. Pete-Clearwater Airport and near Roosevelt Boulevard, includes five flex office buildings totaling 135,221 square feet. Tenants, according to Cushman & Wakefield, which represented the seller, a joint venture between Genet Property Group and Biscayne Atlantic, are in the technology, legal, engineering and research fields.

 

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