{"id":54725,"date":"2025-11-20T22:05:08","date_gmt":"2025-11-20T22:05:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/54725\/"},"modified":"2025-11-20T22:05:08","modified_gmt":"2025-11-20T22:05:08","slug":"major-westshore-business-district-property-sold-to-major-developer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/54725\/","title":{"rendered":"Major Westshore Business District property sold to major developer"},"content":{"rendered":"

Eisenhower Property Group has closed an all-cash deal for 701 N Westshore Blvd in Tampa. The property includes a 3-story office building on .60 acres and is more than 60% occupied. The purchase gives the company another key site in the Westshore Business District<\/a>.<\/p>\n

This post breaks down what happened, why it matters for Tampa business leaders and what to watch next.<\/p>\n

What happened<\/p>\n

Eisenhower Property Group bought 701 N Westshore Blvd, a site that includes an 18,500-square-foot office building built in 2000. The building is more than 60% occupied.<\/p>\n

The company also recently bought the adjacent parcel at 4600 W Cypress Street. That property sits on 2.6 acres and includes a 60,000-square-foot office building.<\/p>\n

READ: Fresh Kitchen announces biggest menu changes in 11 Years<\/a><\/p>\n

Jeffery Hills, President and CEO of Eisenhower Property Group, said the company is still planning how these properties will connect.<\/p>\n

\u201cLike our recent acquisition of Westshore Square, there are no immediate plans for these sites as we continue to lay the foundation for a connected and impactful footprint in Tampa\u2019s thriving Westshore Business District,\u201d Hills said.<\/p>\n

Both sites together total more than 3 acres in one of Tampa\u2019s busiest commercial corridors.<\/p>\n

Why this matters<\/p>\n

This acquisition signals several trends in Tampa\u2019s real estate market<\/a>.<\/p>\n

Westshore is entering a new growth cycle<\/p>\n

The district continues to attract companies seeking mixed-use<\/a> space near Tampa International Airport and major highways.<\/p>\n

Assemblages in Westshore are rare<\/p>\n

Owning two connected parcels gives Eisenhower Property Group more flexibility for long-term planning<\/p>\n

Eisenhower Property Group is expanding its focus<\/p>\n

The company is known for large residential projects with more than 25,000 lots under development. Recent additions such as Kinward Living and Baywin Construction show a move toward full-service development that includes residential and commercial assets<\/p>\n

Demand for Westshore redevelopment continues to rise<\/p>\n

Land is limited in the district, which makes every large acquisition notable<\/p>\n

What\u2019s next<\/p>\n

There are no redevelopment plans at this time. Eisenhower Property Group will evaluate how the two parcels fit into the district\u2019s long-range strategy.<\/p>\n

READ: Downtown St. Pete scores major new bank at 400 Central<\/a><\/p>\n

The company has the in-house capability to move quickly once plans are set. Its recent expansion includes a build-to-rent platform, a construction arm, a commercial services group and a brokerage division.<\/p>\n

Any redevelopment plans are likely to take shape over the next 12 to 18 months.<\/p>\n

Takeaway<\/p>\n

Eisenhower Property Group\u2019s acquisition of 701 N Westshore Blvd strengthens the company\u2019s presence in the Westshore Business District. The purchase adds another key site to its growing portfolio and sets the stage for future mixed-use development in one of Tampa\u2019s most active commercial areas.<\/p>\n

\"AA satellite view of 701 N Westshore Blvd in Tampa\u2019s Westshore Business District near I 275.<\/p>\n

Stay Connected<\/p>\n

Sign up for TBBW\u2019s newsletter<\/a><\/p>\n

Watch TBBW\u2019s Podcast<\/a><\/p>\n

Follow TBBW on Social Media<\/a><\/p>\n

Read More TBBW stories<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Eisenhower Property Group has closed an all-cash deal for 701 N Westshore Blvd in Tampa. The property includes…\n","protected":false},"author":2,"featured_media":54726,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[739,5752,34141,18760,34142,3656,135,1703,13693,137,136,34143,33150,34144],"class_list":["post-54725","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-business-news","tag-commercial-real-estate","tag-development-news","tag-florida-business","tag-local-development","tag-real-estate-trends","tag-tampa","tag-tampa-bay-business","tag-tampa-growth","tag-tampa-headlines","tag-tampa-news","tag-tampa-updates","tag-tbbws-top-stories","tag-westshore"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/54725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=54725"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/54725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/54726"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=54725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=54725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=54725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}