Clearwater office building sells for $5.3 million at 42.9% occupancy

Clearwater office building sells for $5.3 million at 42.9% occupancy

Corporate Square, a 68,936-square-foot office building in Clearwater, sold for $5.3 million, with the partly vacant property changing hands in a deal that closed within three months of being listed. The five-story building, at 28050 U.S. Highway 19 North, was 42.9% occupied at the time of sale. Marcus & Millichap represented the seller in the transaction. Darpan Patel, senior managing director of investments at the firm, called the timeline “exc…