Real Estate
Coverage of commercial real estate, development, land sales, building activity and major projects across Tampa Bay.
The Schemmel Soda Group, a leading luxury real estate team formerly with Premier Sotheby’s International Realty, has joined Douglas Elliman’s Sarasota office, at 1350 Main St. Led by Joel Schemmel and Donna Soda, the team was ranked Premier Sotheby’s No. 1 team, in Sarasota and Manatee counties, since 2019, and the No. 1 small team … Read more
Buligo Capital has purchased the Sarasota Industrial Business Center, a 187,000-square-foot industrial portfolio, for $27.4 million. The complex, located about two miles east of Sarasota Bradenton International Airport, consists of five shallow-bay industrial buildings totaling more than 186,650 square feet, along with 1.12 acres of outdoor storage and laydown yard space. The properties, at 2387, … Read more
Avison Young arranges a $5M sale of Fountain Plaza, a West Tampa retail center on MacDill Avenue.
A 150-acre site, in Wesley Chapel, is set to become the region’s next major mixed-use development, following a $5.5 million acquisition loan from Miami-based Linkvest Capital. GPI Tampa, an entity of GPI Real Estate Group led by developer Roy Abrams, acquired the land, three contiguous parcels, at 9247 Kenton Road, for roughly $4.98 million. The … Read more
Naked Farmer is expanding its presence at Water Street Tampa. The farm-to-table restaurant group has signed a five-year lease to move its corporate headquarters to Thousand & One. The company currently operates one of its busiest restaurant locations on the ground floor of the building. Now, it will take over nearly 2,000 square feet of … Read more
Douglas Elliman has named Andrew Greenwell as managing broker of its Sarasota office. Greenwell, previously the founder and chief executive officer of Venture Sotheby’s International Realty and a former cast member of Bravo’s Million Dollar Listing San Francisco, returns to his hometown with more than two decades of brokerage experience in markets including Washington, California … Read more
Creation, a national real estate development firm with $4.4 billion in active projects, has officially entered the Florida market with two Tampa acquisitions, totaling nearly $135 million in value, and a new East Coast headquarters in Hyde Park. The Phoenix- and Dallas-based firm’s first move in the state includes the acquisition of a 20-acre site … Read more
McDowell Housing Partners has secured financing and begun construction on the first phase of Ekos at Bayonet Point, a master-planned affordable housing community in Pasco County. Located at 7555 McDowell Way, just west of Bayonet Point Regional Medical Center, phase one will deliver 114 senior apartment homes, in a four-story building designed for residents earning … Read more
Florida Governor Ron DeSantis made waves recently by proposing a plan to eliminate property taxes in the state—a move that’s already sparked national debate. But one supporter of this policy isn’t just calling it smart—he’s calling it a game-changer. Cliff Maloney, CEO of Citizens Alliance, recently penned an op-ed for RedState praising DeSantis for taking … Read more
People at every income level are hurting in today’s economy. Prices are up, wages are still stagnant, and interest rates are higher than they’ve been in years. Not to mention a weak stock market and increasing layoffs. In other words, we’re facing bleak economic conditions. In the first quarter of 2025, U.S. foreclosure activity saw … Read more
