Pair of Tampa apartment projects sell for $100 million plus

Novel Riverwalk, 500 Harbour Island demonstrate investor belief in the resiliency of the region's multifamily rental market

  • By Kevin McQuaid
  • | 6:00 a.m. September 27, 2019
COURTESY PHOTO — Northwestern Mutual acquired 500 Harbour Island for $103 million, one of a pair of major apartment trades to take place this month in downtown Tampa.
COURTESY PHOTO — Northwestern Mutual acquired 500 Harbour Island for $103 million, one of a pair of major apartment trades to take place this month in downtown Tampa.
  • Commercial Real Estate
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A pair of high-profile Tampa apartment projects have sold for in excess of $100 million, a sign of continued optimism in the city’s multifamily rental sector on the part of investors.

 

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