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Epic Development Pays $6.6M for St. Petersburg Industrial Properties

Epic Development acquired the four-building industrial and flex portfolio consisting of 1601-1765 Commerce Ave. N and 9875 18th St. N in Saint Petersburg, FL from Farrallon Capital Management LLC for $ 6.56 million, or about $ 99 per square foot. The industrial buildings delivered in 1986 and 1989 and total 65,977 square feet. The buildings […]

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Montierra Apts Trade for $6.6M

A private investor acquired the 96-unit Montierra Apartments at 14401 N. 22nd St. in Tampa, FL from a local owner for $ 6.6 million, or approximately $ 69,000 per unit. The 81,600-square-foot apartment community consists of one- and two-bedroom units in seven buildings, and was 100 percent occupied at the time of sale. It was […]

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