Blog Archives

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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Directed Capital to Relocate HQ to Morgan Stanley Tower in St. Petersburg

Directed Capital, a real estate investor that also specializes in acquiring and originating commercial mortgage debt, will be relocating its headquarters this summer to a 13,460-square-foot space within the Morgan Stanley Tower in St. Petersburg, FL. Christopher Moench, CEO of Directed Capital, noted in a release that the firm had anticipated expanding its staff as […]

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IP Capital Partners Taps Cushman & Wakefield to Lease Two-Building Office Complex in Clearwater

IP Capital Partners LLC, a private real estate investment firm with headquarters in Boca Raton, FL, has selected Cushman & Wakefield to lease its 215,267-square-foot Bayside Center office complex in Clearwater, FL. Building I of the Bayside Center delivered in 1987 and Building II delivered in 1994. The campus is located at 17755-17757 U.S. Hwy […]

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MLG Capital Raises $56 Million for its Third Fund

Grafton Commons- Grafton, WI (Metro Milwaukee) MLG Capital is currently raising money for its third fund, MLG Private Fund III LLC, a $ 150 million equity fund. The MLG Private Fund III is a continuation of the series of MLG private funds. The funds were formed to acquire, directly or indirectly, a geographically diverse portfolio […]

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Capital Square 1031 Pays $7.1M for Flex Property in Tampa

Capital Square 1031 acquired the flex building at 4910 Savarese Cir. in Tampa, FL for $ 7.07 million, or about $ 99 per square foot. The 71,150-square-foot building delivered in 1982 and was recently renovated in 2015 to make room for the expansion of a tenant, Capsugel, which currently occupies the entire property. The facility […]

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