Pollack Shores Real Estate Group buys Coves of Brighton Bay

By Business Observer Staff
| 4:23 p.m. October 4, 2013
| 0 Free Articles Remaining!

Commercial Real Estate

BUYER: AB/PSREG Coves LLC (AB/PSREG Coves Venture LLC), Atlanta
SELLER: Coves of Brighton Bay LLC
PROPERTY: 10901 Brighton Bay Blvd. N.E., St Petersburg
PRICE: $36.4 million
PREVIOUS PRICE: $27.99 million, December 2001
LAW FIRM ON DEED: Seward & Kissel LLP, New York City

PLANS, DESCRIPTION: Pollack Shores Real Estate Group purchased the 382-unit The Coves of Brighton Bay apartment community for $36.4 million.

The price equated to $95,277 per unit.