Bay Vista Gardens l and ll
Update
09/12/22
Tampa Equity Investment Firm Acquires Office Portfolio for $18 Million
Ally Capital, a Tampa-based private equity investment company, has acquired a five-office building portfolio, Bay Vista Gardens I and II in Largo, for $18 million. The seller of the 12.8-acre property located at 5500, 5540, 5576, 5565 and 5735 Rio Vista, is GBA 135 LLC, a joint venture between Biscayne Atlantic and Genet Property Group. GBA 135 LLC, which purchased the property for $14.6 million in March 2021, was represented by Cushman & Wakefield. The 135,221 square feet of space was 94% leased at the time of the sale according to Cushman & Wakefield.
Photo: Cushman & Wakefield
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