Largo Apartment Complex Sells for $10.55 million

This month, Conerstone Pointe, an apartment complex in Pinellas County’s popular Largo sub-market was sold for $10.55 million. The 111-unit complex, located at 301 Seacrest Dr. (33771) is comprised of eight, 2-story buildings. Franklin Street represented both the buyer – Milbrook Properties, Ltd. (NY), and seller – a private investor. The successful sale comes at […]

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Tampa Area’s Hot Commercial Projects

Tampa’s commercial real estate markets have seen big changes in 2016. It is seeing projects nearing or recently completed, new developments breaking-ground and more coming down the pipeline. Though the year has also ushered in some uncertainties and potential risks for future commercial investments and construction, Tampa is enjoying an overall positive growth in commercial […]

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Tampa Bay Business News and Commentary

  Shops at St. Pete (Bay Walk) tenants to include Soma, Luxottica, consultant says   Names in the tenant mix are emerging for the Shops at St. Pete, formerly BayWalk. Deals include existing tenants Muvico, Chico’s, White House Black Market, and newcomers Island Co., Luxottica, and Soma Intimates, said Faith Hope Consolo, the New York-based retail brokerage expert who was hired […]

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Tampa Commercial Real Estate News and Commentary

Moffitt Cancer Center Expands with $74 Million Facility   Moffitt Cancer Center is breaking ground Feb. 1 on the first phase of a $74.2 million expansion of its McKinley campus. The project on McKinley Drive includes a 200,000-square-foot outpatient facility expected to open in February 2014, according to a written statement. The new building will […]

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Tampa Retail News

Sweetbay Supermarket to Close 33 Stores in Florida The local grocery store wars chalked up another casualty as Sweetbay Supermarket announced it will shutter 33 stores, including 22 in the Tampa Bay area. The decision disappointed loyal customers but came as little surprise to industry analysts who have watched Publix and Walmart solidify their stranglehold […]

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Gateway Area Properties Sold for $41.5M – St. Petersburg

Three office properties located at 740, 780 and 800 Carillon Parkway in St. Petersburg’s Gateway sub-market sold for $41.5 million. Two buildings are each four stories, 77,728 square feet and the third is two stories, 170,000 square feet. The three buildings sold for $38.2 million in August 2006…Continue Reading Contact us at 813.514.1070 for more […]

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Commercial Real Estate Center – Recent Sales

Keene Plaza in Largo sells for $6.2 million Keene Plaza, a 78,982-square-foot, grocery-anchored retail center in Largo, has sold for $6.2 million. Paradise Ventures Inc. purchased the asset at 2100-2200 East Bay Drive. HFF marketed the property on behalf of the seller, Anchor Keene Plaza Ltd., an entity affiliated with Lakeland-based Century Retail LLC…Continue Reading […]

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