Total Investment: $350.7 Million
GLA: 954 Thousand SF
Key Tenants / Affiliations:
The Tampa MSA is the 18th largest MSA in the country, the second largest MSA in Florida and the fourth largest in the Southeast. Tampa is home to a growing retirement community and the University of South Florida. It supports the defense industry, with two major military bases, the MacDill Air Force Base and the Coast Guard Air Station at Clearwater. These prominent institutions promote continued medical and high technology research and development in the area. The Port at Tampa bay is also the largest sea port in the U.S, supporting over 80,000 jobs, and meeting the needs of a region with over 8 million consumers.
HTA initially entered Tampa during the heart of the downturn, in 2008 and 2010. Today HTA owns 18 medical office buildings in Tampa, all primarily on-campus, and affiliated with HCA and BayCare Health System. The portfolio is highlighted by the Largo Medical Center in Largo, FL. The 150,000 square foot multi-tenanted building was purchased in 2013 and is located on the Largo Medical Center Campus and directly adjacent to two other HTA medical office buildings. The Largo Medical Center is a teaching hospital affiliated with HCA. HTA increased its Tampa portfolio by 465,00 square feet in 2017 through three transactions including the Duke Healthcare acquisition and a $77 million acquisition from a local developer.
Wesley Chapel, FL
HTA will be hosting a conference call and webcast on Friday, April 26 at 12:00pm Eastern to report financials for Q1, 2019More Details