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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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Winter Park, Florida-Based Investor Sells Alexander at Countryside for $63.3 Million

Alexander Investments International, Inc., a Winter Park, Florida-based multifamily development firm, sold a 330-unit apartment complex in Clearwater, Florida, to a group of private investors for $ 63.3 million, or about $ 210,000 per unit. Dubbed The Alexander at Countryside, Alexander Investments broke ground on the complex in September 2016 and completed construction earlier this […]

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Boca Raton Investor Sells 123-Key Holiday Inn in Tampa for $6.3 Million

Boca Raton, Florida based investor Waramaug Hospitality sold the Holiday Inn Express & Suites Tampa-USF-Busch Gardens, a 123-key hotel in Tampa, Florida, for $ 6.33 million, or about $ 51,000 per key. A joint venture between investment firm TCOR Hotel Partners and private equity firm TriGate Capital LLC purchased the hotel. The partnership also secured […]

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Multifamily REIT Buys Southeast Tampa Apartment Complex for $28.7 Million

Multifamily real estate investment trust Resource Apartment REIT III purchased The Park at Kensington, a 204-unit apartment complex in Riverview, Florida, for $ 28.7 million or $ 140,686 per unit. The Philadelphia-based firm acquired the apartment complex from Blue Magma Residential LLC, which originally bought the community in 2012, according to CoStar data. Located at […]

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Local Investor Buys Lake Osprey Office Building in Sarsota for $7.4 Million

Locally based investor Lawrence Holdings LLC acquired the 37,500-square-foot Lake Osprey office building in Sarasota, Florida, for $ 7.4 million, or $ 207 per square foot. The local investor bought the property from Lakewood Ranch Commercial Realty LLC. According to Robbie McEwan of Holliday Fenoglio Fowler, a broker that represented the seller in the deal, […]

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