Torose Equities Acquires Tampa Office Complex for $31 Million

Torose Equities is proud to announce our first acquisition: 6302 Corporate Center in Tampa.

The approximately 350,000-square-foot property, acquired in partnership with Dev Motwani and Nitin Motwani's Merrimac Ventures, L.C., sits on 50 acres strategically located in the path of growth in East Tampa.

The well-maintained, premier office complex is located at one of Tampa’s most critical transportation junctions just ten minutes from downtown Tampa, drawing employees from the entire Tampa MSA and neighboring Polk County. The asset will generate a strong going-in yield for Torose’s investors with the ability to increase returns through additional lease up.

“I am very excited to add 6302 Corporate Center to our growing portfolio,” said Torose Founder & Principal Scott Sherman. “While others remain on the sidelines in this uncertain environment, we continue to adhere to our contrarian approach and see opportunities in the value-add office and retail sectors. We are proud to partner with Merrimac Ventures on this acquisition and look forward to announcing several other deals in the pipeline shortly.”

Photo: Torose Equities

View 6302 Corporate Center >>