Pair of Tampa-area apartments sell for $230 million

Buyers cite growing markets, new construction as reasons for mega purchases

  • By Kevin McQuaid
  • | 6:00 a.m. March 8, 2019
  • | 0 Free Articles Remaining!
  • Commercial Real Estate
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A pair of apartment developments in suburban Tampa and downtown St. Petersburg — one old and the other newly completed — have traded for a combined $230.6 million, a sign that out-of-town investors remain enthusiastic about the Gulf Coast rental market.

 

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