Tampa
Summit Closes Three Hotel Purchases for $72M
Avoiding the end-of-year fog that plagues so many, Summit Hotel Properties kept busy in late December and wrapped up a few acquisitions before 2012 came to a close.
Driftwood Hospitality Buys Hyatt Regency Tampa, Plans Hilton Rebranding
After being on the market for nearly six months, the 521-room Hyatt Regency in downtown Tampa is now under new ownership as Driftwood Hospitality Management, LLC purchased the property the property for an undisclosed amount. This acquisition marks Driftwood’s re-entry to the Tampa market;
Parkway Closes on $22.5M Tampa-Westshore Office Building Purchase
Parkway Properties, Inc., in the wake of its recent shopping spree, has also announced closing on the previously announced deal to acquire the Westshore Corporate Center in Tampa for a net purchase price of $22.5 million.
Parmenter Realty Buys Two Tampa Office Buildings from Prudential for $85M
Miami-based Parmenter Realty Partners added 494,813 square-feet of office space to its portfolio when it purchased two Class A office buildings on Rocky Point Island in Tampa, Fla. for $85 million.
Richman Group Plans $45M Apt. Community on Industrial Park Site
The Richman Group of Florida unveiled plans for a $45 million luxury apartment community named Gateway Centre. To be located on the 40-acre site of a former industrial park, the four-story complex will rise on Gandy Boulevard.
Construction Starts on $225M St. Joseph’s Hospital-South in Riverview
A groundbreaking ceremony marked the start of construction for the first not-for-profit hospital to serve southern Hillsborough County—the $225 million St. Joseph’s Hospital South.
Taubman, Benderson Break Ground on $315M Shopping Center in Sarasota
The Mall at University Town Center is one step closer to fruition as developers Taubman Centers Inc. and Benderson Development Company LLC broke ground on the $315 million shopping center during a ceremony held on Monday.
JLL Signs Law Firm for 14K SF in SunTrust Financial Centre
Florida law firm Gunster signed a long-term lease for 14,298 square feet at the SunTrust Financial Centre. The firm had recently entered the Tampa Bay market.
Crescent Resources to Develop $68M Tampa Apartment Community
Crescent Resources LLC has recently disclosed plans for a new $68 million Tampa apartment community called Circle Bayshore.
$25M Tampa Bay-Area Self-Storage Portfolio Up for Sale
A three-property, 2,250-unit portfolio owned by Safeguard Self Storage is now on the market, with Marcus & Millichap Real Estate Investment Services in charge of finding a buyer.