Blog Archives

Sprouts-Anchored Retail Center in South Tampa Trades for $18 Million

Newport Beach, California-based investor United American Properties purchased a Sprouts Farmers Market-anchored retail center in south Tampa, Florida from locally-based Wagner Property Group for $ 18 million, or about $ 496 per square foot. The retail center, dubbed The Plaza at Estrella, was recently built in 2017 at 1523-1531 S. Dale Mabry Highway, located about […]

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Land of Opportunity? In Some Cases, That’s Not South Florida, Developers Say

The crowded Miami skyline leaves little room for new development, forcing many developers to look elsewhere for available land, better returns and higher demand. Riviera Point Development Group made it a goal last year to build or acquire a portfolio of 1,500 limited-service hotel rooms by 2 Tampa/St. Petersburg Commercial Real Estate News From CoStar […]

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All Those New Apartments in South Florida Still Aren’t Enough, Report Says

It may seem that an apartment complex is going up on every street corner in South Florida, but a new report shows that builders actually have some catching-up to do. Renters moved into 9,155 units across the tri-county region in the first half of 2018, while deliveries totaled 6,336 over the same period, according to […]

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South Florida Office Sales Drop Sharply to Start 2018

Sawgrass Lake Center in Sunrise, FL, which posted the highest sales price in South Florida during the quarter. Office investment sales and the cumulative value across South Florida plunged during the first quarter of 2018, but real estate observers say the numbers aren’t Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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South Florida Office Sales Down Sharply to Start 2018

Sawgrass Lake Center in Sunrise, FL, which posted the highest sales price in South Florida during the quarter. Office investment sales and the cumulative value across South Florida plunged during the first quarter of 2018, but real estate observers say the numbers aren’t Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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