Cambridge Investors acquired this Class “A” medical office campus in Tampa, FL in 2004. The property is comprised of three buildings totaling 54,000 sq. ft. Cambridge aggressively managed and leased the project which increased the NOI and also took advantage of a growing market which created a significant increase in value.
The property was sold to a California-based medical office investment company in 2007. The sale generated an IRR in excess of 24%. |