BTI sells another tract in Marina District

BTI Partners has notched yet another major sale within its Westshore Marina District project, bringing to 32 the number of acres sold or committed this year within the 54-acre project in South Tampa.

In its latest transaction, BTI has sold a 12-acre tract to Bainbridge Cos., which is planning to build 351 upscale apartments. Bainbridge also owns apartment communities elsewhere in Tampa and in Sarasota and Bradenton.

The $13.2 million sale also brings the total dollar volume of land deals within Westshore Marina District to $40 million, following sales to WCI Communities and the Related Group.