Real Estate

A $187 million luxury tower with 252 apartments and a rooftop restaurant is set to rise on Rocky Point, reshaping Tampa Bay’s waterfront skyline.

A $3.7 million senior housing acquisition north of Tampa underscores Florida’s urgent demand and growing investor interest in assisted living.

Developer Reza Yazdani unveils plans for a $120 million luxury condo tower, the final piece of the Marina Bay community in St. Petersburg.

The sale of the Hilton Garden Inn in Ybor underscores the district’s revitalization and rising investor interest in Tampa hotels.

Chipotle Mexican Grill opened at Water Street Tampa on Dec. 23 with outdoor seating and standard daily hours.

A decades-long burden on Florida’s commercial tenants and landlords ends this month, and the Tampa Bay business community is ready to raise a glass. On Sept. 30, the state’s sales tax on commercial leases will officially expire, closing the chapter on Florida’s status as the only state in the nation to impose such a levy.

Manatee and Venice closed $35.3M in property deals to expand services and meet growth.

Landmark Properties has acquired a 4.3-acre site near the University of South Florida and plans to build an 807-bed student housing community called The Mark Tampa, the company announced. Developed in partnership with Canyon Partners Real Estate and Peninsula Investments, the six-story project will rise at 2700 University Square Drive, near the USF campus. Construction

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

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,

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