Commercial Real Estate

By Business Observer Staff
January 2, 2015

The Tuscany apartments sells to New York City joint venture for $48.7 million

A joint venture of Wynnewood, Pa.-based Merion Realty Partners and an affiliate of AllianceBernstein U.S. Real Estate Partners L.P. of New York City purchased the 386-unit The Tuscany apartments for $48.7 million.

Tampa Bay-Lakeland

By Business Observer Staff
December 26, 2014

$499 million - 49.9% interest in Tampa's International Plaza

Taubman Centers Inc. sold a 49.9% interest in the center to a joint venture of TIAA-CREF and Dutch pension services APG for $499 million.

Tampa Bay-Lakeland

By Business Observer Staff
December 26, 2014

$26.25 million - Lakewood Walk

Lakeland-based grocer Publix Super Markets purchased the 90,000-square-foot Lakewood Walk shopping center for $26.25 million.

Manatee-Sarasota

By Business Observer Staff
December 26, 2014

$26.72 million - Paradise Plaza

Pittsburgh-based ECHO Realty LP purchased the 139,000-square-foot Paradise Plaza for $26.72 million.

Commercial Real Estate

By Business Observer Staff
December 26, 2014

$150 million - Tampa Marriott Waterside Hotel & Marina

Strategic Property Partners LLC, Tampa Bay Lightning owner Jeff Vinik's development company, purchased the 719-room Tampa Marriott Waterside Hotel & Marina for $150 million.

Tampa Bay-Lakeland

By Business Observer Staff
December 26, 2014

$53 million - Neapolitan Way and Crossroads Market shopping centers

Crow Family Holdings purchased the 137,629-square-foot Neapolitan Way Shopping Center for $30.5 million and the 126,834-square-foot Crossroads Market for $22.5 million.

Commercial Real Estate

By Business Observer Staff
December 26, 2014

$33.65 million - Pelican Bay Executive Center

Chicago-based Steelbridge Capital LLC purchased the 168,165-square-foot Pelican Bay Executive Center.

Commercial Real Estate

By Business Observer Staff
December 26, 2014

$117.73 million - Tampa City Center

Alliance Partners HSP LLC purchased the real estate of the 39-story Tampa City Center in two deeded transactions totaling $117.73 million.

Tampa Bay-Lakeland

By Business Observer Staff
December 26, 2014

$86.25 million - Thomas Ranch

Mattamy Homes and minority partner, Vanguard Land, purchased the 9,650-acre Thomas Ranch property from Thomas Enterprises for $86.25 million.

Manatee-Sarasota

By Business Observer Staff
December 26, 2014

$27.4 million - Helmsley Sandcastle Hotel

Delray Beach-based Ocean Properties Ltd. purchased the 177-room Helmsley Sandcastle Hotel on Lido Beach for $27.4 million.

Manatee-Sarasota

By Business Observer Staff
December 26, 2014

$45.15 million - Turnbury Park At Palm Aire

New York City-based real estate investment advisory firm TGM Associates purchased the 286-unit Turnbury Park At Palm Aire apartments for $45.15 million.

Manatee-Sarasota

By Business Observer Staff
December 26, 2014

$39.9 million - The Forum at Fort Myers and Northpoint Shopping Center

A joint venture of DDR Corp. and an affiliate of Blackstone Real Estate Partners VII purchased the 458,394-square-foot The Forum at Fort Myers for $29.4 million and Northpoint for $10.5 million.

Charlotte–Lee–Collier

By Business Observer Staff
December 26, 2014

$122.5 million - West Park Village

A joint venture of Atlanta-based Carroll Organization and AIMS Real Estate, a business unit within Goldman Sachs Asset Management, purchased the mixed-use West Park Village in Westshore for $122.5 million.