Property Listings: Homes

Imperial Acquires Newly-Built Wawa in St. Petersburg

Locally-based investor Imperial Co., Inc. acquired a recently-built Wawa location in St. Petersburg, FL from RMC Property Group for $ 5.37 million, or roughly $ 877 per square foot. Wawa, a convenience store chain headquartered in Media, PA, is currently leasing the 6,119-square-foot property on a 20-year, triple net term, according to an offering memorandum […]

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Kane Plaza Trades for $16.4 Million in Sarasota

Locally-based TerraCap Management sold the 10-story Kane Plaza in Sarasota, FL to a private investor taking title as JLK Global Fund U.S. 2 Inc. The 77,089-squre-foot medical office building traded for $ 16.35 million, or approximately $ 212 per square foot. Kane Plaza was built in 2000 at 1 S. School Ave. in downtown Sarasota, […]

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Sarasota Multifamily Construction Boom Continues

Pictured: Bold Lofts in Sarasota, FL. Construction on the 97-unit apartment complex is slated to be completed this August. As with much of Florida, Sarasota was late to fully em Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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Rutledge Joins JLL Tampa as Senior Vice President

Paul Rutledge joined JLL’s Tampa, FL office as senior vice president, strengthening its retail brokerage team. In his new role, Rutledge will assist with agency leasing, development, acquisitions and dispositions, and tenant representation, having experience with national, regional and local companies. Prior to joining JLL, he served as first vice president of retail brokerage at […]

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Newmark Adds to Valuation/Advisory Practice with New Teams, Hires in NYC and Florida

Newmark Knight Frank (NKF) has announced the addition of two new valuation and advisory teams based in New York City and the Florida markets of Boca Raton and Miami. The newly formed Tri-State team includes industry veterans Matt Victor, Joe Ferranti and Jeff Mayer. Victor, a senior managing director, will lead the tri-state multihousing team […]

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