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2023 in transactions: Top commercial real estate deals nine counties in the region

Eight deals surpassed $100 million, while two were over $200 million, in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk and Sarasota counties.


  • By Steven Benna
  • | 5:00 a.m. December 26, 2023
  • | 2 Free Articles Remaining!
  • Transactions
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Charlotte

Buyer: SFR V Tranche 5 Borrower LLC
Seller: DHIR - Southwest Florida I LLC
Address: Port Charlotte
Property Type: Residential land
Price: $27,815,600
Closing Date: September 7, 2023

Buyer: Internal Improvement Trust Fund of the State of Florida
Seller: Ryals Citrus and Cattle LLC
Address: Punta Gorda
Property Type: Vacant land
Price: $8,609,200
Closing Date: September 19, 2023

Buyer: Taylor Morrison of Florida Inc. (set due july 9)
Seller: Forestar (USA) Real Estate Group Inc.
Address: Port Charlotte
Property Type: Vacant land
Price: $8,419,400
Closing Date: June 20, 2023


Collier

Buyer: The Pearl at Founders Square LLC, The Pearl at Founders Square II LLC, and The Pearl at Founders Square III LLC
Seller: DD Pelican LLC
Address: 8826 Founder Square Drive, Naples
Property Type: Apartment units
Price: $125,106,900
Previous Price: $9,800,000, March 2020
Closing Date: January 27, 2023

Buyer: YB Gulf Shore 1 LLC
Seller: The Executive Club of Naples Inc.
Address: 3300 Gulf Shore Blvd. N., Naples
Property Type: Condominium units
Price: $60,000,000
Closing Date: February 13, 2023

Buyer: The Moorings Inc.
Seller: LB Naples Grande LLC
Address: Naples
Property Type: Vacant residential land
Price: $42,641,300
Closing Date: October 11, 2023


Hillsborough 

Buyer: Brandon (Tampa) LP
Seller: Brandon Shopping Center Partners Ltd., Brandon Land Partners Ltd., and Westfield Brandon Partners Ltd.
Address: Brandon Town Center Drive, Brandon
Property Type: Commercial land and building
Price: $220,000,000
Closing Date: May 24, 2023

Buyer: Ally Urban Centre LLC and French Quarter Tampa LP
Seller: TUC Office Owner 1 LP and TUC Office Owner 2 LP
Address: 4890 W. Kennedy Blvd., Tampa
Property Type: Office building
Price: $123,000,000
Previous Price: $70,500,000, March 2018
Closing Date: May 12, 2023

Buyer: BMF V Fl Seven Lakes Carrollwood LLC
Seller: Swan Lake Multifamily Partners LLC
Address: 3401 N. Lakeview Drive, Tampa
Property Type: Apartment units
Price: $94,364,000
Previous Price: $31,453,200, December 2020
Closing Date: October 10, 2023


Lee

Buyer: Lee Everblades LLC
Seller: Passco Longitude DST
Address: 11101-221 Everblades Parkway, Estero
Property Type: Multifamily units
Price: $78,800,000
Previous Price: $54,971,250, April 2017
Closing Date: June 21, 2023

Buyer: Seagate Fort Myers Beach LC
Seller: Red Coconut RV Park LLP and TFM of SWFL LLC
Address: 3001 Estero Blvd., Fort Myers Beach
Property Type: Commercial land
Price: $52,000,000
Closing Date: September 19, 2023

Buyer: 6200 Estero Blvd Investments LLC
Seller: Colorado Southern Inc.
Address: 6200 Estero Blvd., Fort Myers Beach
Property Type: Motel
Price: $38,200,000
Previous Price: $218,800, September 1968
Closing Date: July 24, 2023


Manatee

Buyer: Acorn AcquireCo LLC
Seller: IMG Academy LLC
Address: 5650 Bollettieri Blvd., Bradenton (multiple additional parcels)
Property Type: School, outdoor recreational land, and vacant land
Price: $244,920,000
Closing Date: June 29, 2023

Buyer: Goldelm at Bennett Park LLC
Seller: Passco Parkcrest DST
Address: 5725 1st Ave. E., Bradenton
Property Type: Apartment units
Price: $102,000,000
Previous Price: $75,000,000, August 2016
Closing Date: September 29, 2023

Buyer: AMFP VI Brixley LLC
Seller: Manatee Warner Crossing LLC
Address: 10675 14 th Ave. E., Bradenton
Property Type: Apartment units
Price: $99,500,000
Previous Price: $6,600,000, January 2020
Closing Date: January 24, 2023


Pasco

Buyer: Azora Lutz SPE LLC
Seller: Central Pasco Apartments LLC
Address: 17583 Bellavista Loop, Lutz
Property Type: Multifamily units
Price: $96,000,000, August 2023
Previous Price: $5,600,000, September 2020
Closing Date: August 30, 2023

Buyer: VR Grove West LP
Seller: DHIC - Grove West LLC
Address: Not listed
Property Type: Vacant land
Price: $95,000,000
Closing Date: September 15, 2023

Buyer: Wiregrass HoldCo LLC
Seller: Wiregrass SPE LLC
Address: 28152 Paseo Drive, Wesley Chapel
Property Type: Shopping center
Price: $70,500,000
Closing Date: April 3, 2023


Pinellas

Buyer: Bell Value Add Fund VIII Lansbrook LLC
Seller: Lansbrook Village Owner FL LLC
Address: 3775 Exeter Court, Palm Harbor
Property Type: Condominium units
Price: $194,248,100
Previous Price: $136,662,700, July 2021
Closing Date: July 10, 2023

Buyer: Park Blvd Owner LLC
Seller: Park Blvd Residences LLC
Address: 7950 Park Blvd., Pinellas Park
Property Type: Apartment units
Price: $108,600,000
Previous Price: $9,238,300, September 2020
Closing Date: September 12, 2023

Buyer: EPC Boot Ranch LLC
Seller: Boot Ranch Apartments LLC
Address: 1350 Seagate Drive, Palm Harbor
Property Type: Apartment units
Price: $89,619,000
Previous Price: $80,000,000, June 2019
Closing Date: October 18, 2023


Polk

Buyer: SFR V Tranche 5 Borrower LLC
Seller: DHIR Erikson Parks LLC
Address: Auburndale
Property Type: Residential land
Price: $66,600,000
Closing Date: June 26, 2023

Buyer: CR Lakeside Village LLC
Seller: Castro-Oakbridge Venture Ltd.
Address: Lakeland
Property Type: Vacant land
Price: $63,260,300
Previous Price: $7,302,600, October 2004
Closing Date: June 27, 2023

Buyer: 7035 Broad Way LLC
Seller: Siena Pointe Residential LLC
Address: 7025 Broad Way, Davenport
Property Type: Multifamily units
Price: $40,000,000
Previous Price: $2,720,000, May 2020
Closing Date: March 16, 2023


Sarasota

Buyer: RA2 - The Row Waterside LLC
Seller: DD Waterside II LLC
Address: 1410 Lakefront Drive, Sarasota
Property Type: Multifamily units
Price: $121,291,200
Previous Price: $6,570,000, December 2020
Closing Date: June 27, 2023

Buyer: Desota Apartments Property Owner LLC
Seller: BR Desota DST
Address: 1415 2nd St., Sarasota
Property Type: Multifamily units
Price: $81,515,800
Previous Price: $80,300,000, April 2016
Closing Date: March 16, 2023

Buyer: Halston Lakeside Borrower LLC
Seller: Advenir@Gateway Lakes LLC
Address: 1000 Marlin Lakes Circle, Sarasota
Property Type: Multifamily units
Price: $78,311,500
Previous Price: $60,500,000, October 2017
Closing Date: August 16, 2023

 

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