Hot Properties

By Hannah Wallace February 28, 2009

Mature oaks shade the scenic, curving approach to Live Oak Corporate Center II, the 23,000-square-foot Class A office building on

Cattlemen Road

The center is part of a 20-acre property purchased in 2000 by Fred Starling, CEO of Starling Group and Osprey Management, which is adjacent to another one of Starling’s buildings, the original LiveOakCorporateCenter (the former FCCI building). The newer Live Oak Corporate Center II, built for $7 million in 2007, is situated on 10 of those acres. The remaining 10 acres create a buffer from the busy Cattlemen thoroughfare.

Live Oak Corporate Center II has two tenants, Bankers Insurance and HDR Engineering. The available spaces of approximately 3,000 square feet on the first floor and 6,300 square feet on the second floor are unfinished and can be built out to a tenant’s specifications. The lease rate is $17 triple net, and the five-year leases include a $40 per square foot tenant improvement allowance.

Starling’s companies ( own and manage about 60 acres of commercial property along

Cattlemen Road
between Bee Ridge and Fruitville.  The Starling Group recently broke ground on the new 76,000-square-foot Medical Education Technologies (METI) headquarters on
Bee Ridge Road
just east of I-75.

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