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Starwood Capital acquires Fla. office complex for $141M

Private equity and venture capital firm Starwood Capital Group acquired the Urban Centre office complex in Tampa, Fla., for $141 million, the Tampa Bay Business Journal reported.

Teachers Insurance & Annuity Association of America sold the two-building property, which had a $153.2 million cost basis at the transaction date, at a loss, according to the publication, citing a regulatory filing.