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Investors Snag Tampa Apartment Complexes

Investors Snag Tampa Apartment Complexes

By Georgiana Mihaila, Associate Editor Buyers are snapping up apartment complexes in Tampa as Lake Morton, Gables and Doral Oaks all see a change of owners. The latest transaction comes from Marcus & Millichap Real Estate Investment Services, which announced the successful [...]…

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Trammell Crow Plans $250M Mixed-Use Project Downtown

Trammell Crow Plans $250M Mixed-Use Project Downtown

By Georgiana Mihaila, Associate Editor Trammell Crow Co. has big plans in store for downtown Tampa, as the developer is  seeking approval for a $250 million mixed-use development dubbed Southgate, the Tampa Tribune reported. Consisting of a 450,000-square-foot office tower, a [...]…

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Garrison Completes Phase I of $100M Alafia Crossing

Garrison Completes Phase I of $100M Alafia Crossing

By Georgiana Mihaila, Associate Editor Garrison Developer Group of Florida has recently announced the completion of The Preserve at Alafia, Phase I of the $100 million multi-use Alafia Crossing project. The Preserve at Alafia, the 351-unit waterfront luxury apartment community, is located [...]…

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SunTrust Building Lands GrayRobinson

SunTrust Building Lands GrayRobinson

By Georgiana Mihaila, Associate Editor Law firm GrayRobinson has recently signed an 11-year lease with Jones Lang LaSalle Inc. for 38,864 square feet in Tampa’s iconic SunTrust Financial Centre. The full-service law firm currently has 240 attorneys in nine other offices [...]…

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Ford Motor Credit Renews Lease; Crosspoint Lands StreetLinks

Ford Motor Credit Renews Lease; Crosspoint Lands StreetLinks

By Georgiana Mihaila, Associate Editor Ford Motor Credit Co. has renewed its lease as sole tenant at the Sabal Pavilion. The four-story Class A office building at 3620 Queen Palm Drive, 10 miles east of downtown Tampa, is part of the [...]…

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Investors Flock to Tampa Bay Apartment Assets

Investors Flock to Tampa Bay Apartment Assets

By Georgiana Mihaila, Associate Editor Investment sales in Tampa Bay’s multi-family market continue to heat up. In a $14.3 million transaction, a Houston-based partnership has acquired the 444-unit Chaparral apartments in Largo, Pinellas County’s third-largest city. The 451,420-square-foot property is located [...]…

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Mixed-Use Zoning Confirmed for DeBartolo’s Georgetown Site

Mixed-Use Zoning Confirmed for DeBartolo’s Georgetown Site

By Georgiana Mihaila, Associate Editor This week, city officials have confirmed the zoning of the former Georgetown Apartments site for 1,233 residences. Although the owner of the 162-acre site, a group headed by DeBartolo Development, has no immediate plans of breaking [...]…

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Marcus & Millichap Promotes Mele, Transacts Multi-Family Sales

Marcus & Millichap Promotes Mele, Transacts Multi-Family Sales

By Georgiana Mihaila, Associate Editor This week was a highly active one for the Tampa team of Marcus & Millichap Real Estate Investment Services. The company started by naming Michael Mele first vice president of investments, one of its highest levels [...]…

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Tampa Apartment Complexes Snag New Owners

Tampa Apartment Complexes Snag New Owners

By Georgiana Mihaila, Associate Editor Buyers are snapping up apartment complexes in Tampa, finding opportunity among top-level housing and lender-owned properties. Trading hands for the second time in the past year was The Estates at Tuscany Ridge. Seller Blue Granite Partners L.L.C. [...]…

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New Developer, New Resolution for Trump Tower Tampa

New Developer, New Resolution for Trump Tower Tampa

By Georgiana Mihaila, Associate Editor The vacant land known by many as the Trump Tower Tampa site now has new owners and a new resolution. Both the site and the adjacent CapTrust Building traded for a total of $5 million; they [...]…

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Tampa Apartment Communities Attract New Owners

Tampa Apartment Communities Attract New Owners

By Georgiana Mihaila, Associate Editor Investor interest in Tampa’s multifamily sector seems to be heating up, with a number of recent apartment community purchases. The Sienna Bay apartment community is now owned by a Harbour Group International L.L.C. affiliate, which acquired [...]…

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Collier Commons Changes Hands; Towers of Channelside Celebrates Full Occupancy

Collier Commons Changes Hands; Towers of Channelside Celebrates Full Occupancy

By Georgiana Mihaila, Associate Editor In what is notably the largest recent transaction to hold the headlines in Tampa, the Collier Commons Shopping Center sold to Lakeland-based Publix Supermarkets for the amount of $28 million. The sale was annoucned by the [...]…

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