CBRE pays more than $230 million for Tampa apartments

The apartment complex in the Midtown Tampa development brings the highest price in the past year.

  • By Louis Llovio
  • | 2:00 p.m. May 24, 2022
  • | 0 Free Articles Remaining!
Novel Midtown Tampa has sold for more than $230 million. (Courtesy photo)
Novel Midtown Tampa has sold for more than $230 million. (Courtesy photo)
  • Tampa Bay-Lakeland
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A 390-unit apartment building in one of Tampa’s newest developments has sold for $236.5 million to CBRE Investment Management Fund.

The building, Novel Midtown Tampa, is in the $500 million Midtown Tampa, a master-planned community in one of the city’s busiest commercial districts.

 

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