Blog Archives

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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Canadian Investor Pays $9.2 Million for Fiesta Plaza in Westshore

Toronto-based Dundas Real Estate Investments acquired the Fiesta Plaza in Tampa’s Westshore submarket from Ellis & Company, LTD for $ 9.15 million, or about $ 83 per square foot. Located at 4001-4058 N. Armenia Ave., the 103,298-square-foot shopping center was originally built in 1987. Major tenants located at Fiesta Plaza include Fresco y Mas, Family […]

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Dade Village Plaza Sold for $6M

A private investor purchased the Dade Village Plaza shopping center at 12810-12876 US Hwy 301 in Dade City, FL for $ 6 million, or about $ 56 per square foot, from Auburndale Commercial Properties LLC. The 107,037-square-foot retail building was constructed in 1977 in the Pasco County submarket. Dade Village Plaza was 94 percent occupied […]

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Geneva Grp Buys Citizen Bank & Trust Plaza in Lakeland

The Geneva Group purchased the Citizen Bank & Trust Plaza office building at 402 S. Kentucky Ave. in Lakeland, FL from a private investor for $ 7.2 million, or about $ 101 per square foot. The six-story building totals 71,190 square feet on 1.3 acres. The asset delivered to the Polk County submarket in 1975 […]

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Creative Realty Buys Cortez Plaza Apts in Bradenton

Creative Realty Partners purchased the 84-Unit Cortez Plaza apartments at 4507 9th St. W in Tampa, FL from a private investor for $ 6.27 million, or about $ 75,000 per unit. The 77,313-square-foot multifamily community consists of one- and two-bedroom units in three buildings. It delivered in 1974 on 3.2 acres in the Bradenton Multifamily […]

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