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Crescent Resources sells Tampa office building to Eola Capital
By James Thorner,
St. Petersburg Times
Published: Sep 28, 2009

Crescent Resources LLC, the real estate developer trying to emerge from Chapter 11 bankruptcy, is selling one of its top office buildings in Tampa.

The buyer for Corporate Center 4 at 4310 W. Boy Scout Blvd. is Orlando's Eola Capital. The eight-story office building offers 247,000 square feet near Tampa International Airport. A price has yet to be announced.

Eola has been on a bankruptcy-bargain shopping spree. In July, it paid $2 million for 72 acres of undeveloped land in a proposed Crescent office park called Crosstown Center near Brandon. With the purchase of Corporate Center 4, Eola will own nearly 2 million square feet of office space around Tampa Bay.



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