VIRGINIA BEACH, Va., July 1, 2020 /PRNewswire/ -- Commercial real estate investment company CCP Commercial Real Estate just announced a new office property acquisition bringing their total investments in the Tampa area to $119,200,000 over the last twenty-four months.
CCP acquired Buschwood III, a 78,500 SF, multi-tenant, suburban office building in late June through an off-market transaction.
"We are very pleased with our continued expansion into the Tampa, FL market. I am very proud of our entire team for executing this transaction during a very difficult environment due to the pandemic. We have witnessed the continued resiliency of the Tampa office market over the last several months and firmly believe that it will continue to yield positive growth over the long term," said Jeremy R. McLendon, President of CCP Commercial Real Estate.
About CCP Commercial Real Estate: CCP Commercial Real Estate is a real estate investment company based in Virginia Beach, Virginia that owns and operates over four million square feet of commercial property. CCP's focus is on providing its investment clients with superior risk adjusted returns on institutional quality office and industrial properties located in target markets throughout the Mid-Atlantic and Southeastern United States. CCP provides its tenants and investors with superior customer service that values integrity, transparency, accountability, collaboration, and a passion for excellence. For more information, please call (757) 689-1822 or go to http://www.ccpllc.us.
SOURCE CCP Commercial Real Estate