Tampa, FL – Avison Young, a global real estate advisory firm, has arranged the sale of a 14,315-square-foot medical office building located at 509 South Hyde Park Ave in Tampa, Florida to Tampa General Hospital for $9.1 million.

Avison Young Managing Director and Principal Ken Lane and Associates Nick Mastro and John Bencivenga represented the owner, EJRC Hyde Park LLC. John DeLaVergne of DeLaVergne & Company and David Harris of Cushman & Wakefield represented TGH.

Located in the heart of Historic Hyde Park, one of Tampa’s most exclusive neighborhoods, and one block away from the world renowned Bayshore Boulevard, the property is ideally situated to serve the needs of Tampa’s growing community.

“We’re pleased to have arranged the sale of this property to Tampa General Hospital as it continues its mission to provide world-class healthcare to Tampa,” said Lane. “While the site has liberal zoning for the development of another residential tower, we’re happy to see it trade to an owner that’s keeping the low-density building intact and offering services that re-invest in the community.”