About Tampa

This author has not yet filled in any details.
So far Tampa has created 144 blog entries.

Cushman & Wakefield Represents Symcor Capital Properties in $43M Sale of Southwest Florida Apartment Community

Cohen-Esrey Apartment Investors, LLC Acquired Lakes at North Port TAMPA, FL, August 15, 2019 – Cushman & Wakefield has arranged the sale of Lakes at North Point, a 312-unit, garden-style apartment community located in North Port, Florida. The value-add property sold for $43 million, or $137,821 per unit, and is currently 95% occupied. Executive Director Nick Meoli and Executive Director Mike Donaldson, with Cushman & Wakefield’s Florida Multifamily Investment Sales Team, represented Symcor Capital Properties, a Canadian real estate investment firm, in the disposition. The buyer is Cohen-Esrey Apartment Investors, LLC, an Overland Park, Kansas-based investor and developer focused on multifamily assets. Lakes at North Port is situated on approximately 27 acres at 1015 Ohana Way, with convenient access to Interstate 75 and U.S. 41, providing access to over 700,000 jobs within a 30-minute commute in nearby Sarasota and Fort Myers. The location also provides convenience to numerous award-winning beaches [...]

By |2019-09-20T16:56:27-04:00August 15th, 2019|In the News, Press Release|

Cushman & Wakefield Represents Stratford Management in Sale of Gainesville, FL, Apartment Community

Saddle Rock Partners Acquired the Asset for $8.8M TAMPA, FL, August 15, 2019 – Cushman & Wakefield has arranged the sale of a 132-unit, garden-style block-construction apartment community in Gainesville, Florida, for $8.8 million, or approximately $67,000 per unit. Executive Director Nick Meoli and Executive Director Mike Donaldson, with Cushman & Wakefield’s Florida Multifamily Investment Sales Team, represented the seller, Stratford Management. The buyer is Saddle Rock Partners. Built in 1979, the community is situated on 6.5 acres at 310 SW 23rd St. in Gainesville’s University South submarket. Previously called Saddle Creek Townhomes, the buyer will rebrand the property to Hamlet Cove Apartments. The property was 97% occupied at time of sale. Units average 581 square feet with average market rents at $666. In the last year, the seller implemented a $1.1 million+ capital improvement program, which included a full exterior renovation and upgrades to onsite amenities. These upgrades include [...]

By |2019-09-26T16:33:12-04:00August 15th, 2019|In the News, Press Release|

Cushman & Wakefield Represents Preston-Giuliano Capital Partners in $59M Sale of Mezzo of Tampa Palms

Taurus Investment Holdings Acquired the 340-Unit Multifamily Community TAMPA, FL, August 15, 2019 — Cushman & Wakefield has negotiated the sale of Mezzo of Tampa Palms, a 340-unit multifamily asset in the exclusive Tampa Palms community of northeast Hillsborough County. Boston-based global real estate private equity firm Taurus Investment Holdings acquired the property for $59 million ($173,529 per unit). Luis Elorza, Brad Capas, Zachary Sackley, Robert Given and Michael Mulkern of Cushman & Wakefield’s Florida Multifamily Group represented the seller, Boston-based Preston-Giuliano Capital Partners, in the transaction. Mezzo of Tampa Palms is a three-story, garden-style property comprising 20 residential buildings with a mix of one-, two- and three-bedroom floor plans. The average unit in the community is 1,193 square feet with an average market rent of $1,313. The community was above 95% leased at the time of sale. Units at Mezzo of Tampa Palms offer nine-foot ceilings, built-in entertainment centers, enormous closets, fully equipped kitchens with microwaves and large pantries, the largest patios and balconies available [...]

By |2019-10-01T13:08:02-04:00August 15th, 2019|In the News, Press Release|

Harper Limbach to Relocate HQ from Tampa’s Westshore to New Industrial Facility Near CBD

The Building Solutions Company Will Occupy 31,820 SF at Tampa Fulfillment Center, a Bayfront, Class A, LEED-Certified Distribution Center by Developer Keating Resources TAMPA, FL, July 24, 2019 – Keating Resources and Cushman & Wakefield are pleased to announce that Harper Limbach has pre-leased a 31,820-square-foot space at Tampa Fulfillment Center, a new, Class A distribution center under development near downtown Tampa and Ybor City. The Tampa-based provider of building systems and solutions will use the new, state-of-the-art space as its headquarters, relocating from the Westshore area. Keating Resources, the developer of Tampa Fulfillment Center, has officially started construction on the 179,080 square-foot distribution facility following the July 23 closing of the 18-acre, bayfront, infill site. The project is scheduled for completion April 2020. The Cushman & Wakefield team of Director John Jackson, Managing Director Julia Silva, Senior Associate Jessica Mizrahi and Associate JT Faircloth represented Keating Resources in the [...]

By |2019-09-05T10:00:14-04:00July 24th, 2019|In the News, Press Release|

Cushman & Wakefield Arranges $69M Sale of Tampa Distribution Center on Behalf of High Street

Link Industrial Properties Acquired the 955,000-Square-Foot, Core-Plus Industrial Asset TAMPA, FL, July 11, 2019 – Cushman & Wakefield has negotiated the sale of Tampa Distribution Center, a Class A industrial facility in Tampa’s premier Eastside submarket. The six-building, 955,000-square-foot asset sold for $69.25 million. The Cushman & Wakefield Investment Sales Team of Vice Chairman Mike Davis, Executive Managing Director Rick Brugge and Director Rick Colon represented High Street Realty Company, a Boston-based private equity real estate investment company, in the disposition. The buyer is Link Industrial Properties, Blackstone’s U.S. industrial real estate operating platform. At 1212 N. 50th St., Tampa Distribution Center has an in-fill location at the center of the Tampa Bay metropolitan area. The property is located just off the Selmon Expressway, and is easily accessible from several major transportation arteries, inlcuding Port of Tampa, Interstate 4, Interstate 75 and Tampa International Airport. It is also four miles [...]

By |2019-07-19T11:35:57-04:00July 11th, 2019|In the News, Press Release|

‌Cushman & Wakefield Arranges $35M Sale of Wildewood Downs​

David Kliewer, Paul Carr and Allen McMurtry Represented an Affiliate of The Hollinger Group in the Sale of the Retirement Community in Columbia, South Carolina COLUMBIA, SC, June 28, 2019 — Cushman & Wakefield has negotiated the sale of Wildewood Downs, a 248-unit, entrance-fee continuing care retirement community in Columbia, South Carolina. The Tampa, Florida-based Cushman & Wakefield Senior Housing team of David Kliewer, Paul Carr and Allen McMurtry represented an affiliate of Mechanicsburg, Pennsylvania-based The Hollinger Group in the disposition. Senior Living Communities (SLC), of Charlotte, North Carolina, acquired the asset for $35 million ($141,129 per unit) using debt financing from a publicly-traded REIT. Wildewood Downs was developed between 2000 and 2014 at 731 Polo Rd. The ±348,728-square-foot property comprises 76 Independent Living homes, 60 Independent Living apartments, 40 Assisted Living units, eight Memory Care units, a 64-bed Skilled Nursing Facility with an 80-bed licensed capacity, and a two-story commons building with extensive amenities. In 2017, previous ownership invested approximately $400,000 to update [...]

By |2019-07-19T12:04:36-04:00June 28th, 2019|In the News, Press Release|

Cushman & Wakefield Negotiates 238,437-SF Industrial Lease Renewal in Tampa on Behalf of UBS Asset Management

The Lease at East Meadow Distribution Center Marks the Largest Lease of the Past 12 Months for the Tampa Market; Tenant is ITG Brands TAMPA, FL, June 27, 2019 — Cushman & Wakefield has arranged a 238,437-square-foot lease renewal at Tampa’s East Meadow Distribution Center on behalf of the owner, an investor account advised by UBS Asset Management, Real Estate & Private Markets, Real Estate US. The tenant is ITG Brands, the third-largest tobacco company in the United States. According to Cushman & Wakefield data, the long-term renewal marks the largest industrial lease for the Tampa Bay market in the past 12 months. Cushman & Wakefield Senior Director Josh Tarkow, SIOR, represented UBSA in the lease negotiations and serves as the exclusive leasing advisor for the facility. Newmark Knight Frank’s John Esposito and Rick Narkiewicz, SIOR, represented ITG Brands. East Meadow Distribution Center is located at 2601 Tampa E. Blvd. [...]

By |2019-07-19T11:45:54-04:00June 27th, 2019|In the News, Press Release|

Cushman & Wakefield Brings New Waterfront Apartment Community to Market in Clearwater, FL

Columbus, GA-based Flournoy Companies Completed the 339-Unit Vue at Belleair Earlier This Year TAMPA, FL, June 21, 2019 — Cushman & Wakefield, as the exclusive advisor, has launched the marketing campaign for a luxury, waterfront multifamily community in Clearwater, Florida on behalf of the owner and developer, Flournoy Companies. Called Vue at Belleair, the 339-unit, garden-style property was completed in 2019 and is nearing the end of lease-up. Executive Director Luis Elorza, Executive Director Brad Capas, Vice Chairman Robert Given and Senior Financial Analyst Michael Mulkern, of Cushman & Wakefield’s Florida Multifamily Investment Sales Team,  are leading the marketing efforts for the asset. Vue at Belleair consists of six four-story elevator buildings and five two-story carriage buildings on 15.6 acres. The Class A apartment community offers one-, two- and three-bedroom units, averaging 948 square feet. The residences are designed with the highest standards, featuring 9-, 10- and 11-foot ceilings, designer [...]

By |2019-07-19T11:42:09-04:00June 21st, 2019|In the News, Press Release|

Cushman & Wakefield Arranges Sale of Westshore Center in Tampa​

The Capital Markets Team of Mike Davis, Rick Brugge and Rick Colon Negotiated the Sale on Behalf of The Roseview Group TAMPA, FL, June 19, 2019 — Cushman & Wakefield has negotiated the sale of Westshore Center, a 217,022-square-foot, Class A office building in the heart of Tampa’s Westshore Business District. The Cushman & Wakefield Investment Sales Team of Vice Chairman Mike Davis, Executive Managing Director Rick Brugge and Director Rick Colon represented the seller, Roseview-PMRG Fund I, a discretionary fund managed by Boston-based Roseview Investment Advisors. America’s Capital Partnersacquired the property. Westshore Center is situated at 1715 N. Westshore Blvd., at the intersection of Westshore and Boy Scout Boulevards. The main-and-main location is just south of the International Plaza mall and Tampa International Airport with convenient access to downtown via Interstate 275. The nine-story building was developed in 1984 and has undergone $2.5 million in capital improvements over the last several years. The updates include modernized elevators, upgraded common areas [...]

By |2019-06-19T12:43:59-04:00June 19th, 2019|In the News, Press Release|

Cushman & Wakefield’s Mele Team Arranges Sale of 718-Unit Self-Storage Facility in Philadelphia

A Private Investor Acquired the Value-Add Asset and Retained CubeSmart as Third-Party Manager PHILADELPHIA, PA, June 10, 2019 — Cushman & Wakefield has negotiated the sale of a 718-unit self-storage facility in Clifton Heights, Pennsylvania, a Philadelphia suburb. The newly converted, state-of-the-art facility is situated in a dense retail corridor on 5.41 acres at 500 Mildred Ave. The Cushman & Wakefield Self-Storage Team of Vice Chairman Mike Mele, Senior Director Robert Bloch and Senior Associate Noah Obuchowski negotiated the disposition on behalf of an affiliate of Vertical Fields Capital, LLC. The buyer is a private investor and CubeSmart Self Storage has been retained as third-party manager. The sales price is undisclosed. The property comprises 82,116 rentable square feet with 590 climate-controlled units and 128 non-climate-controlled units. Units range from 18 to 320 square feet. Features include premium security with gated entry and 24-hour video surveillance, as well as on-site management. The facility offers multiple entry points from Mildred Avenue and [...]

By |2019-06-14T10:50:24-04:00June 10th, 2019|In the News, Press Release|