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CLEARWATER, FL-In the Tampa Bay market alone, the national real estate brokerage firm closed 165 transactions valued at $140 million in the January-to-June period and aims to duplicate its 2002 record year of $336 million in closed contracts.
TAMPA, FL-PPC Enterprises Inc. of Pinellas County pays Rim Rock of Tampa $2.15 million, or about $43,878 per unit, for the 49-unit, 19-year-old Hampton Place--which received multiple offers in a red-hot multifamily investment market.
TAMPA, FL-The 610,000-sf project will be the first of its kind in the area, incorporating services for wharf and rail-delivered products in Port Ybor, a 33-acre multi-use park located in the center of Port of Tampa at 20th and Grant streets.
TAMPA, FL-Net absorption rises to 923,099 sf from 101,555 sf in the second quarter, while the vacancy level remains unchanged at 8%, or 2% lower than the reported national average, according to a new analysis by the Clearwater, FL office of Colliers Arnold.
BETHESDA, MD-At long last, things are looking up in the hospitality industry, and the Plasencia Group's advisory services for Host Marriott Corp.'s recent disposition of three hotels points to that emerging trend.
TAMPA, FL-Coca-Cola Enterprises has opened a multi-million-dollar customer development center in suburban Temple Terrace after purchasing the 12-year-old, 86,000-sf structure for "under $100 per sf" or an estimated $6.88 million, area brokers familiar with the submarket tell GlobeSt.com.
ORLANDO-At a direct vacancy level of 17.3%, the 30.5-million-sf office market remains "anemic" but net absorption in the second quarter has rebounded, according to a new analysis by the local office of Cushman & Wakefield of Florida Inc.
ORLANDO-The New York City-based real estate investment firm acquires a total 642 apartment units in six 20-year-old properties for $26,500 per unit, marking the second bulk multifamily acquisition Praedium Group LLC has closed with its local partner, Affirmative Equities, in two years.
LOS ANGELES-The Los Angeles City Council makes it official by ratifying its agreement with the Community Redevelopment Agency and developers of the mixed-use project. Work has begun on the first phase, 180 units of affordable seniors housing.