Melrose Solomon Buys Bayside Center in Tampa Bay

Reported Oct 21, 2026 · Source: Institutional Property Advisors

Source: Institutional Property AdvisorsRead the full report at Institutional Property Advisors ↗

Deal details

Buyer
Melrose Solomon
Seller
IP Capital Partners
Price
$18.7 million
Size
214,854-square-foot
Asset class
Office
Transaction
Sale
Sub-market
St. Petersburg / Pinellas
Metro
Tampa Bay
Reported date
Oct 21, 2026

Summary

Mandel, James Defusto, director investments with Marcus & Millichap, and IPA’s Zach Levine and Cody Hershey represented the seller, IP Capital Partners, and procured the buyer, Melrose Solomon. The property sold for $18.7 million. Source: Institutional Property Advisors (IPA).

Summarized from the article; the quoted lines below are from the article itself.

Source: Institutional Property Advisors

Read the full report at Institutional Property Advisors. What the article says:

  • Deal / Size
    IPA announced today the sale and financing of Bayside Center, a two-building, 214,854-square-foot, Class A office campus with a five-story parking garage in Clearwater, Florida.
  • Deal
    21, 2026 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the sale and financing of Bayside Center, a two-building, 214,854-square-foot, Class A office campus with a five-story parking garage in Clearwater, Florida.
  • Price
    The property sold for $18.7 million.
  • Buyer / Seller
    Mandel, James Defusto, director investments with Marcus & Millichap, and IPA’s Zach Levine and Cody Hershey represented the seller, IP Capital Partners, and procured the buyer, Melrose Solomon.

Frequently asked questions

Who bought Bayside Center?
Melrose Solomon bought Bayside Center in St. Petersburg / Pinellas, Tampa Bay, according to Institutional Property Advisors.
How much did Bayside Center sell for?
The reported price is $18.7 million, per Institutional Property Advisors.
Who sold Bayside Center?
The seller was IP Capital Partners, per Institutional Property Advisors.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.