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Tampa City Center Sells in One of the Largest Downtown Tampa Office Transactions in Recent Years

A joint venture between Banyan Street Capital and Oaktree acquired the 38-story Tampa City Center office tower in downtown Florida for $ 110 milion. The 38-story Tampa City Center office tower sold in one of the largest transactions downtown Tampa, Florida has Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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QVC, HSN to Open 1 Million-SF Fulfillment Center, Shutter Three Others

Aerial rendering of the Majestic Bethlehem Center site in Pennsylvania’s Lehigh Valley, where QVC and HSN will lease a 1 million-square-foot building as a fulfillment center. The complex is home to multiple tenants, including Walmart and Crayola. The parent company of home shopping retailers QVC and HSN networks, in consolidating the two networks’ operations, will […]

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Marketplace Shopping Center Trades for $19.2 Million

Real estate investment trust Regency Centers sold the Marketplace Shopping Center in St. Petersburg, Florida, to East Gate Alliance for $ 19.2 million, or about $ 213 per square foot. East Gate Alliance, a family investment firm based out of New Jersey, also secured an $ 11.9 million acquisition loan from TD Bank. Located off […]

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Lakeland’s Industrial Market Red-Hot Amid Rising Construction Starts, IKEA Distribution Center

In early 2018, a joint venture between Blue Steel and PCCP broke ground on Key Logistics Center Building 100 without any tenants in place. Lakeland, Florida’s industrial market is in the midst of a construction boom period, with nearly 3.5 million square feet un Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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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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