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
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 B
4020 Crescent Park Dr, Riverview, FL 33578 |
Office | 69,327 SF | 1998 | - |
Bldg A
4030 Crescent Park Dr, Riverview, FL 33578 |
Office | 120,295 SF | 1998 | - |