Tampa office building sold for $123 million

Naples/Fort Myers

Shopping trip: The Bougainvillea Center in Naples has sold. The 26,872-square-foot shopping center at 7740 Preserve Lane, just off Immokalee Road, brought $6.6 million. The buyer was the South Carolina private equity group VW Equity. According to Marcus & Millichap, which represented the seller, Southern California-based Pacifica Cos., the center is 82% leased. It was built in 2006 and sits on 2.83 acres. Marcus & Millichap says in a statement because of a a scarcity of shopping centers available for sale it was able to generate 16 listings for the property. VW has offices in Charleston, South Carolina and Tampa. According to its website it invests in properties in the Carolinas, Georgia and Florida. 

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