Progressive Riverview South
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Progressive Riverview South
3 Office Properties in Riverview, FL
Investment Highlights
- "Main & Main" Infill Location Dynamics
- Attractive Future Land Use Designation
- Plethora of Nearby Retail Amenities
- Generational Redevelopment Opportunity
- Established Business Park Setting
- Regional Connectivity Throughout West Florida, Interstate 75 & U.S. Highway 301 Exposure
Executive Summary
CBRE Capital Markets, as exclusive advisor on behalf of Ownership, is pleased to offer for sale the 100% fee simple interest in Progressive Riverview South (the “Property”, “Campus” or “Buildings”), a Class A, 310,940 SF headquarters campus spanning ±66 acres fronting Interstate 75—West Florida’s primary north-south thoroughfare. Originally developed by Towermarc Corporation in 1998 as a built-to-suit for Progressive, the Campus has served as the corporation’s 2nd largest customer service center outside of its flagship Cleveland-based headquarters campus for over 25 years. Nestled within Crescent Business Park along Tampa’s I-75 Corridor, the Property offers proximity to a plethora of retail & residential destinations along U.S. Highway 301, Falkenburg Road, Causeway Boulevard, and State Road 60. Furthermore, the Property affords exceptional regional connectivity with immediate access to the U.S. Highway 301/Interstate 75 interchange to the south and U.S. Highway 301/Selmon Expressway interchange to the north. Upon closing, Progressive will consolidate its Riverview operations into the neighboring standalone office building (“Riverview Campus North”), thus providing a premier corporate headquarters solution for expanding businesses either local or new to the region, or a developer seeking a generational redevelopment opportunity within one of the hottest MSAs in the United States.
Property Facts
Sale Conditions | Individually For Sale | 0 | |
Sale Type | Investment or Owner User | Total Building Size | 310,940 SF |
Status | Under Contract | Total Land Area | 243.44 AC |
Number of Properties | 3 |
Sale Conditions | |
Sale Type | Investment or Owner User |
Status | Under Contract |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 310,940 SF |
Total Land Area | 243.44 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Bldg C
4040 Crescent Park Dr, Riverview, FL 33578 |
Office | 121,318 SF | 1998 | - |
Bldg A
4030 Crescent Park Dr, Riverview, FL 33578 |
Office | 120,295 SF | 1998 | - |
Bldg B
4020 Crescent Park Dr, Riverview, FL 33578 |
Office | 69,327 SF | 1998 | - |
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