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Tampa Shopping Center Trades for $10M

Miami-based CF Properties Corp. has sold Holiday Centre, a 67,147-square-foot Publix-anchored shopping center in Holiday, Fla., in a 1031 exchange. A private individual paid $9.7 million for the retail asset that was fully leased at the time of sale. GLT Group Brokerage represented the seller and procured the buyer in the off-market transaction.

Tampa rental complex commands $46,645 per unit

A Miami Beach-based brokerage arranged the sale of a 319-unit apartment complex in Tampa for $46,645 per unit.
GLT Group Brokerage represented the out-of-state seller and procured the buyer of the rental property, called Jasmine Terrace Apartments, which sold for $14.88 million.