Blog Archives

Equity Management Partners Buys Tampa Bay Center for $27 Million

Equity Management Partners purchased the Tampa Bay Center, a 142,350-square-foot shopping center in Tampa, Florida, for $ 27 million, or about $ 190 per square foot. The Largo, Florida-based investor acquired the shopping center from locally-based equity funds firm Third Lake Capital, which originally acquired the property in 2015, according to CoStar data. Located at […]

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Downtown Tampa Prepares for First Speculative-Build Office Tower in 25 Years

Image credit: Cookfox Architects Locally based developer Strategic Property Partners plans to begin construction on 1001 Water Street, a 20-story office tower in downtown Tampa, Florida. Part of the $ 3 billion Water Street Tampa renovation project, 1001 Water Street would be the first office tower built in Tampa’s central business district in more than […]

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Birtcher Anderson, JCR Capital Buy Light Industrial Park in East Side Tampa for $19.5 Million

A joint venture between investor Birtcher Anderson Realty and private equity firm JCR Capital acquired the Center Point Business Park in Tampa, Florida, for $ 19.5 million, or approximately $ 83 per square foot. The partnership purchased the light industrial complex from Boca Raton, Florida-based investment firm IP Capital Partners, which originally purchased the complex […]

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Sprouts-Anchored Retail Center in South Tampa Trades for $18 Million

Newport Beach, California-based investor United American Properties purchased a Sprouts Farmers Market-anchored retail center in south Tampa, Florida from locally-based Wagner Property Group for $ 18 million, or about $ 496 per square foot. The retail center, dubbed The Plaza at Estrella, was recently built in 2017 at 1523-1531 S. Dale Mabry Highway, located about […]

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Chicago Investor Secures $53 Million in Financing for The Godfrey Hotel and Cabanas Tampa

Chicago-based hotel investor Oxford Capital Group secured a $ 53 million non-recourse ramp loan for The Godfrey Hotel and Cabanas Tampa located at 7700 West Courtney Campbell Causeway in Tampa, Florida. Jordan Ray, Ari Hirt, Alex Draganiuk and Justin Hunt of Mission Capital Advisors arranged the financing for the borrower, securing a floating-rate loan with […]

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