TAMPA, FL-Grubb & Ellis|Commercial Florida Distressed Property Services Group has completed the real estate owned sales of six waterfront condos, each measuring 2,650 square feet, for an aggregate value of 2,956,000 to local buyers.
Grubb & Ellis was the court-hired receiver of the properties owned by a bank based in St. Petersburg. The condominiums were a portion of nine luxury Serena Bay Condominiums owned by banks at 260 108th Ave. in Treasure Island.For the full story, go to Florida Real Estate Journal.
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