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Commercial Real Estate News
Tampa/St. Petersburg
Commercial Real Estate News
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Goldman Properties of Miami Beach Pays $6.5M for Ind. Asset
Goldman Properties of Miami Beach, Inc., a NY-based investment company founded in 1968, acquired the single-story industrial building in Saint Petersburg, FL from Jagged Peak, Inc. for $6.5 million, or approximately $63 per square foot. The asset delivered...

HCI Group Purchases Century Park for $9.1M
HCI Group, Inc., a FL-based homeowners’ insurance company, acquired the four-story Century Park office building in Tampa, FL from Gramercy Property Trust, Inc. for $9.1 million, or approximately $163 per square foot. The asset delivered to the Westshore...

Equivest Realty Sells Bay Point Apartments for $6.5M
Equivest Realty, Inc., a FL-based property management company, sold the 112-unit Bay Point Apartments community in Port Richey, FL, to Maple Tree Prospects LLC for $6.53 million, or approximately $58,000 per unit. The 52,704-square-foot multifamily...

Michaelson Group Pays $8.2M for Coachman Club Apts
Michaelson Group LLC purchased the 72-unit Coachman Club multifamily complex in Clearwater, FL from a joint venture of KRI Properties Inc. and an individual investor for $8.2 million, or approximately $114,000 per unit. The 68,400-square-foot community...

VEREIT Acquires LA Fitness in Tampa
VEREIT, Inc., an investment firm specializing in single-tenant real estate, acquired the occupied property in Tampa, FL, from Garden Communities of Florida for $9 million, or approximately $257 per square foot. The retail building delivered in 2016...

The Wilson Company Acquires Three-Bldg Tampa Portfolio for $9M
The Wilson Company, a Tampa-based management and development company, acquired a three-building retail portfolio in Tampa, FL from The Doran Jason Group Inc. for $9 million, or about $61 per square foot. The retail buildings, located at 801 N Franklin...

CF Properties Pays $7M for Eastside Village in Lakeland
CF Properties Corp., a Florida-based real estate investment and management company, acquired the Eastside Village shopping center in Lakeland, FL from Brandywine Financial Services for $7 million, or about $93 per square foot. The neighborhood shopping...

Anderson Ventures Inc. Pays $5.8M for Gateway Pointe in St. Petersburg
Anderson Ventures Inc., a local real estate investor, acquired the two-story Gateway Pointe office building in Saint Petersburg, FL, from BDI Properties for $5.8 million, or about $113 per square foot. The office building located at 10051 5th St. N...

Franklin Street Retail Brokerage Team Expands
Jordan Stephens (pictured, left) and Anthony Suarez, associates with Franklin Street. Franklin Street, a commercial real estate brokerage firm based out of Tampa, FL, boosted its retail brokerage team with the hiring of Jordan Stephens and Anthony Suarez...

SC2 Leases 11,000 SF in Clearwater
SC2 Supply Chain Services & Solutions signed a three-year lease for 10,633 square feet in the office building located at 908 Cleveland St. in Clearwater, FL. The single-story, 10,633-square-foot building was constructed in 1990 and is located blocks...

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