ORLANDO-Despite vacancies that have hit the 20% level at some class A properties, a new Marcus & Millichap report predicts the Tampa Bay multifamily market is improving with property prices expected to rise by 3.5% over the next 12 months.

ORLANDO-The former managing director of Florida for Advantis Real Estate Services Co. becomes president of T&M's Florida operations Jan. 1. His mission: To grow the firm's 4.5 million-sf Florida portfolio. Taylor & Mathis and Advantis are both Atlanta-based.

ORLANDO-Sitting on the shores of Tampa Bay, the 130,000-sf, 99%-leased property was sold by Atlanta-based Watkins Group to Sun Point LLC for $4.75 million. The property is across the bay from St. Petersburg, FL and 80 miles west of Downtown Orlando.

ORLANDO-Sitting on the shores of Tampa Bay, the 130,000-sf, 99%-leased property was sold by Atlanta-based Watkins Group to Sun Point LLC for $4.75 million. The property is across the bay from St. Petersburg, FL and 80 miles west of Downtown Orlando.