Lifestyle activewear brand NVGTN has completed a $22.5 million sale-leaseback of its Trinity Commerce Center headquarters to Greek Real Estate Partners. Located at 1990 Corporate Center Drive, in Trinity, the 100,000-square-foot industrial facility was completed in 2024 and is fully leased to NVGTN. The Class A building includes 34-foot clear heights, 21 dock-high doors, three … Read more
Farley White Interests has acquired Lakeview at Hidden River, a 133,201-square-foot office building, in Northeast Tampa, expanding its presence in Tampa. The Boston-based commercial real estate firm purchased the property from Dilweg on April 30. The acquisition brings Farley White’s total holdings in the Hidden River Corporate Park to 688,000 square feet and more than … Read more
Two waterfront parcels totaling 4.4 acres in Palmetto’s Riviera Dunes community are now for sale. The privately owned properties have been listed with Ian Black Real Estate as the exclusive brokerage. Located on the Manatee River and adjacent to the Bradenton Area Convention Center, which is undergoing a $53 million renovation, and the new Palmetto … Read more
Bath & Racquet Residences and Club celebrated the groundbreaking of its new luxury residential development, in Sarasota, on April 9, kicking off construction, expected to be completed by December 2026. The redevelopment project features 256 luxury condominiums, housed in four-story buildings, designed with hurricane-proof windows and concrete construction for enhanced safety. With more than 20 … Read more
The Nolen, a 23-story luxury condominium tower under construction at 126 4th Avenue NE in downtown St. Petersburg, is nearing completion. Nearly all 31 units have been sold, and prices range from $2 million to $5 million. Developed by Tampa-based DDA Development and St. Petersburg-based Backstreets Capital, and built by Ellison Construction, The Nolen topped … Read more
A waterfront home under construction in Sarasota’s Harbor Acres neighborhood has sold for $14.8 million, marking the highest-priced residential sale in Sarasota County so far this year, according to Michael Saunders & Company. The 6,500-square-foot bayfront home at 1490 Hillview Drive includes five bedrooms, 5.5 bathrooms, a three-car garage, a whole-house generator and elevator access … Read more
Success in Today’s Real Estate Market Requires a More Creative Approach to Finance Whether you’re an agent, investor, or just an average homebuyer, the real estate market you’re operating in today is vastly different from just as recent as last year. What worked then, often, won’t work today due to several factors. That means that … Read more
Kolter Urban and BH Group have opened the sales gallery for Olana Naples Residences, an exclusive beachfront development, offering 12 estate-sized homes, starting at $30 million. Located at 294 14th Avenue South, the gallery showcases the project’s design and features, including a display kitchen by Champalimaud Design, a scale model and an interactive 360-degree virtual … Read more
Basis Industrial, a privately held real estate owner and operator, based in Delray Beach, has acquired a portfolio of five business parks in the Tampa Bay area, for $60 million. The acquisition, which closed March 19, adds 472,512 square feet to Basis’ holdings and doubles its footprint in the Tampa metropolitan area. Basis now owns … Read more
Developers PMG and MoneyShow have secured a $208 million construction loan for One Park Sarasota, an 18-story luxury condominium project, in downtown Sarasota’s waterfront district. The financing, provided by RMWC, will support the continued construction of the 86-unit tower located in The Quay, a bayside community. One Park broke ground in October 2024, and is … Read more