- April 25, 2026
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South Florida investor buys warehouse
A Fort Lauderdale investor has bought an 11,250-square-foot warehouse space in Naples. The property is at 3410 Westview Drive off of Airport-Pulling Road near Airport Kia of Naples, Mercedes-Benz of Naples and Audi Naples. The buyer, according to Collier County property records, is an LLC named Love Sosa Holdings. It paid $2.9 million. Records show the previous owner paid $196,000 for it in 1995. The warehouse sits on 1.02 acres and was built in 1974, according to a profile of the property on LoopNet.
Trust sells for $2.4 billion
Sila Realty Trust, the Tampa-based REIT specializing in health care properties, has agreed to be sold in an all-cash deal worth $2.4 billion to an affiliate of the asset management firm Blue Owl Capital. In a letter to investors last week, the company says Blue Owl will buy all its outstanding shares for $30.38 per share, a 19% premium over its April 17 closing stock price of $25.53. The company’s board of directors has unanimously approved the sale, which is expected to close in the second or third quarter of this year. Once the deal closes, Sila will become a private company. The letter did not say whether Sila’s current management team would remain on once it becomes a part of Blue Owl. Sila is a Tampa-based “pure play” net lease health care Real Estate Investment Trust. As of Dec. 31, its portfolio was made up of 140 properties totaling about 5.3 million square feet of rentable space that was 98.7% leased. At that time, it had $590 million in liquidity made up of $32.3 million in cash and cash equivalents and $449 million available under its credit lines.
Construction starts on academic facility
The University of Tampa held an official groundbreaking last week for its new Dickey Science Innovation Center — a building the university calls the “most significant academic facility” to be built in its 94-year history. The five-story, 153,000-square-foot facility being built along the banks of the Hillsborough River will feature state-of-the art teaching and research laboratories and serve as the central academic hub for the College of Natural and Health Sciences. By centralizing science teaching and research spaces, which are currently spread across the University of Tampa campus, the new facility will foster collaboration and interdisciplinary learning, according to a statement. Scheduled to open in Spring 2029, the Dickey Science Innovation Center is meant to prepare students for careers in high-demand fields such as healthcare, sustainability, biotechnology and related sciences. It will house the departments of biology and chemistry and biochemistry, along with programs in forensic science and marine science. The building will also support allied health, computational science, environmental science and other science-driven fields critical to today’s workforce. The building itself will house teaching and research laboratories, three microscopy rooms, four aquarium research labs, and a bioinformatics and computational sciences classroom. Designs also include 73 faculty offices.
Apartments sell for $7.5M below 2021 sale price
Sherwood Oaks, an apartment community in Riverview, has been sold. Hillsborough County property records show it was bought by an LLC sharing an address with the Norfolk, Virginia-based real estate investment firm Harbor Group International. Records show the firm paid $27.5 million for the complex at 10103 Sherwood Lane. That’s $7.5 million less than the $35 million that Los Angeles-based Realty Mogul paid for the 199-unit community in 2021. Sherwood Oaks, which is just off Bloomingdale Avenue and Interstate 75, has units ranging from 300-square-foot studios to 1,000-square-foot two-bedroom units. As for rents, they start at $1,148 per month for the smallest unit and top out at $1,540 for the largest.
Storage facility sells for $5.2 million
A self-storage facility in Manatee County recently sold for more than double what the owner paid for it four years ago. Stor Self Storage, located at 7000 Iris St., was purchased for $5.2 million, according to Coastal Storage Group, which brokered the deal. The seller was an LLC, based in St. Louis Park, Minnesota, that paid nearly $2.28 million for the complex in 2022, according to Manatee County property records. The buyer was an LLC linked to Merit Hill Capital, a real estate investment trust in Brooklyn, New York, that specializes in self-storage facilities. It had more than 400 properties in its portfolio across 38 states at the end of 2025. Stor Self Storage is a 3.25-acre facility with nearly 47,000 rentable square feet, including 130 units and 10 parking spots for RVs and boats. According to the listing, it contains four buildings and is 93% occupied. The complex recently underwent “significant upgrades,” the listing says, including new wind-rated roll-up doors, fresh asphalt seal coating and a new gate system with AI-enabled security cameras. According to the listing, the owner remotely managed the property, which is near Whitfield Avenue and U.S. 301. Coastal Storage Group, based in Jacksonville, is the Florida and Georgia affiliate for Colorado-headquartered Argus Self Storage Advisors, which bills itself as the largest self-storage brokerage network in the country, with 36 broker affiliates covering nearly 40 markets.
Condo project passes $40M in sales in 45 days
A condominium tower that has yet to break ground is already making an impact in Sarasota. 1000 Boulevard of the Arts surpassed $40 million in sales in its first 45 days, according to developer Kolter Urban. When it is built, the 20-story tower will include 117 condominiums overlooking the Sarasota Bay, Quay Harbor and The Bay park. Floor plans range from one to three bedrooms, from 1,200 to more than 3,000 square feet. Pre-construction pricing begins at $1.5 million. Conversion from reservation to contract began Feb. 1, according to Kolter Urban, and to build upon the forward progress, the developer is offering what it calls "selective pricing" on some units.
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