Apartment, office deals in near equilibrium

Sales volume decline in two Gulf Coast submarkets during 2019 was offset by strength in the Tampa Bay area

  • By Kevin McQuaid
  • | 6:00 a.m. December 27, 2019
COURTESY PHOTO — The 444-room grand Hyatt Tampa Bay was part of a two-property package that I{ Capital Partners and GEM Realty Capital purchased in 2019 for $225.75 million.
COURTESY PHOTO — The 444-room grand Hyatt Tampa Bay was part of a two-property package that I{ Capital Partners and GEM Realty Capital purchased in 2019 for $225.75 million.
  • Commercial Real Estate
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Apartments edged every other commercial real estate sector along the Gulf Coast in 2019 in the largest deals of 2019, the fourth consecutive year that multifamily rental properties dominated the list of the top 15 transactions from Polk to Collier counties.

 

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