Welcome back Carter

BUYER: Carter & Associates LLC (915 Franklin Street Project Owner LLC), Atlanta
SELLER: Kress Square IV LLC
PROPERTY: 910, 911 and 915 N. Franklin St., Tampa
PRICE: $6.4 million
PREVIOUS PRICES: $1,500,000, February 2005 and $750,000 and $622,700, May 2005

A new 23-story high-rise apartment tower is coming to downtown Tampa. Atlanta-based real estate investment firm Carter purchased an 1.02-acre block west of Florida Avenue for $6.4 million for the development.

The “Grant block,” east of Franklin Street, features two, two-story buildings and a three-story office building.