Blog Archives

Bridge Investment Snags Plantation at Walden Lake for $35.7 Million

Bridge Investment Group, a national multifamily and office investor, acquired the 352-unit Plantation at Walden Lake apartment complex in Plant City, FL for $ 35.7 million, or roughly $ 101,000 per unit. The Sandy, UT-based investor acquired the 23-building community from Mercury Investment Co., which originally acquired the property in March 2014 for $ 23 […]

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Nicol Investment Co Purchases Havana Square for $58M

The Nicol Investment Company purchased the Havana Square apartments at 400 N. Rome Ave. in Tampa, FL from Pollack Shores Real Estate Group for $ 58 million, or about $ 212,000 per unit. The 220,375-square-foot multifamily property was constructed in 2017 in the North Hyde Park multifamily submarket, near Tampa. The property has four stories […]

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Investment Group Buys 72 Acres in Tampa

A local investment group called Blue Steel Development LLC recently acquired 71.52 acres at 4330 Williams Rd. in Tampa, FL from a private trust for $ 5 million. Plans for the site, which is located just east of I-75 in the East Tampa submarket, have not been finalized. Ryan Sampson and Bill Eshenbaugh of Eshenbaugh […]

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Dubai’s Safanad Establishes $1.3 Billion U.S. Suburban Office Investment Platform

Safanad Ltd., a Dubai-based global investment firm, in partnership with Workspace Property Trust, a real estate investment firm led by CRE veterans Thomas Rizk and Roger Thomas, and Square Mile Capital, a diversified real estate investment firm, completed their acquisition of 108 buildings and 26.7 acres of land, in five markets from Liberty Property Trust […]

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Rise in Tampa Bay Home Prices Affirms Real Estate Investment Ranking

The continuous increase in Tampa Bay home prices affirms the Top 10 ranking of the Tampa Bay metro area in the BiggerPockets Real Estate Investment Market Index for 2015. The Tampa-St. Petersburg-Clearwater metro area ranked No. 6 in BiggerPockets’ list of the Top 10 Best Markets for Real Estate Investors. BiggerPockets analyzed residential price appreciation and rents […]

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