Tampa
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.
Cassidy Turley Helps Two Clients Obtain Energy Star Designation
The Northdale Executive Center I and the Tampa Electric Company building have recently received the Energy Star designation from the U.S. Environmental Protection Agency. Both buildings are managed by Cassidy Turley, a company known for helping clients to ensure their properties incorporate sustainable practices that are both cost-effective and environmentally sustainable.
Sheraton Tampa East Replaces Crowne Plaza After $9M Renovation
Following a $9 million comprehensive renovation, the former Crowne Plaza hotel is now ready to welcome its guests as the Sheraton Tampa East Hotel.
Two Urban Centre Leases Full Floor to Mortgage Contracting Services
In a move to consolidate its two Tampa locations into a single space, Mortgage Contracting Services has signed a long-term lease for 33,000 square feet of Two Urban Centre.
Container Store to Enter Florida Markets
The Container Store has announced plans to enter the Tampa market in 2013. The retailer currently has two Florida stores, in Hallandale Beach and Miami, and plans on opening three more: in Tampa, Orlando and Boca Raton.
Hard Rock Casino Expands in Tampa to Become Fourth-Largest Casino in Nation
Following its recently completed $75 million expansion, the Seminole Hard Rock Casino in Tampa is now the fourth-largest casino in the nation, the Tampa Bay Times reports.
Grocery-Anchored Shopping Centers Attract Interest in Tampa Bay Area
TNP Strategic Retail Trust—a public non-traded REIT that invests in grocery- and drug store-anchored retail properties—purchased the Bloomingdale Hills retail center in the Tampa suburb of Riverview for an undisclosed amount.
Lighting Owner Relocates Vinik Asset Management’s HQ to SunTrust Tower
Vinik Asset Management—the Boston-based hedge fund and investment firm founded and controlled by Tampa Bay Lightning owner Jeff Vinik—will soon relocate to Tampa’s SunTrust Financial Centre.
Sarasota Multifamily Property Trades for $13.5M
Tradition at Palm Aire—a 178-unit multifamily property located in the northern Sarasota community of Palm Aire—has been acquired by Preston Giuliano Capital Partners for $13.5 million, or $75,843 per unit.