Area on pace to set multifamily sales volume record

Two recent deals helped push Tampa Bay’s price-per-unit average to over $140,000.

  • By Business Observer Staff
  • | 6:00 a.m. November 22, 2019
File. Milwaukee-based Northwestern Mutual purchased the 21-story 500 Harbour Island tower for $103.45 million earlier this year.
File. Milwaukee-based Northwestern Mutual purchased the 21-story 500 Harbour Island tower for $103.45 million earlier this year.
  • News
  • Share

The resiliency of the multifamily market statewide, but particularly in Tampa, continues to defy the odds.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • February 21, 2026
Retired attorney, family donate $10M to Naples hospital
  • February 20, 2026
Fort Myers portfolio sells for $30 million
  • February 20, 2026
Port Charlotte industrial portfolio gets nearly $4 million refinancing
  • February 20, 2026
Medical office building in Lakewood Ranch sells for $3.6M

Sponsored Content