Virginia firm buys St. Petersburg apartments for $85 million

Courtney at Bay Pines' deal brings General Services Corp.'s Florida multifamily rental portfolio to a dozen properties

  • By Kevin McQuaid
  • | 6:00 a.m. November 1, 2019
  • Commercial Real Estate
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General Services Corp. has acquired a 330-unit apartment project in a suburb of St. Petersburg for $85.14 million, the latest in a string of Gulf Coast acquisitions by the Richmond, Va.-based company over the past three years.

 

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