Blog Archives

Cleveland Developer Buys Central Avenue Office Site in Redevelopment Play

Development firm The NRP Group acquired a 9,950-square-foot office building off of Central Avenue in St. Petersburg, Florida in part of a redevelopment project. The Cleveland-based firm purchased the building, which sits on a 2-acre site, from Castlefrank Florida Holdings LP for $ 7.2 Million, or about $ 724 per square foot. Located at 1701 […]

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BTI Sells 42-Acre Development Site in Davenport

BTI Partners sold the Posner Park development site at US Hwy 27 and I-4 in Davenport, FL for $ 9.92, or about $ 235,000 per acre. An investment group led by Intram Investments, Inc., an Orlando-based real estate development and restaurant investment company, acquired the 42.2-acre Posner Park, located within a master-planned community adjacent to […]

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JV Buys Downtown Tampa Development Site

Feldman Equities LLC and Tower Realty Partners, Inc. purchased the land site and adjacent office building at 102 W. Whiting in Sarasota, FL for $ 12.05 million from Forge Capital Partners. The 52-story office and luxury residential building and 1.5 acres of land will be redeveloped into a 31-story, 203-unit luxury apartment tower above the […]

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