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Southern California Investor Picks Up Central Florida Apartment Complex

Sunstone Properties Trust Pays $59 Million for Sunstone Palms in Tampa
Sunstone Properties Trust paid $59 million for Sunstone Palms, a 536-unit apartment complex in Tampa, Florida. (CoStar)
Sunstone Properties Trust paid $59 million for Sunstone Palms, a 536-unit apartment complex in Tampa, Florida. (CoStar)
CoStar News
January 11, 2021 | 11:39 P.M.

A Southern California investor has acquired a Tampa apartment complex as it works to grow its presence in the Florida commercial property market.

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