Blog Archives
American Residential Acquires 30-Unit Park West Apartments in Tampa
American Residential Investment Management, a multifamily investor based in Wake Forest, NC, acquired the 30-unit Park West Apartments from Hyde Park Apartments for $ 5.1 million, or about $ 170,000 per unit. Built in 1974, the 21,491-square-foot apartment complex is located at 3215 W. Swann Ave. The Park West Apartments offers a mix of one- […]
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Real Estate Value Advisors Acquires 101,000-SF Sabal Park Bldg. in Tampa
Richmond, VA-based Real Estate Value Advisors (REVA) purchased a 101,000-square-foot Sabal Park office building in Tampa, FL from Bridge Investment Group Partners, which had owned the property since March 2015, according to CoStar data. The two-story complex sold for $ 15.23 million, or about $ 151 per square foot. Known as Sabal VI, the office […]
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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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Private Investor Acquires Shoppes Of Amberly for $8.3M
CW Capital, an investment firm headquareted in Bethesda, MD, sold the neighborhood center in Tampa, FL to Shoppes of Amberly LLC for $ 8.35 million, or approximately $ 95 per square foot. The Shoppes of Amberly delivered in 1990 at 15305 – 15367 Amberly Dr. and was renovated in 2006. The neighborhood center is situated […]
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Singapore Investor Acquires 14-Property Data Center Portfolio for $750 Million
The year-end closing spree is in full effect, as witnessed by this week’s execution of Carter Validus Mission Critical REIT’s sale of 14 data center properties from Atlanta to San Diego. The buyer, a joint venture between an affiliate of Mapletree Investments Pte Ltd. and Mapletree Industrial Trust of Singapore, closed Dec. 20 on its […]
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