REBusinessOnline

Newmark Knight Frank Arranges Sale of Two Tampa Bay Apartment Properties for $27.4M

The Park at Avilla is situated at 1002 Creekbridge Road in Brandon, Fla.

BRANDON, FLA. — Newmark Knight Frank Multifamily (NKF) has arranged the sale of The Park at Avilla and The Park at Pienza, both in the Tampa Bay city of Brandon, for a combined $27.4 million. The two properties are situated about three miles apart and combine for 200 units. Both properties were built in 1986. Ryan Moody, Patrick Dufour and Ryan Crowley of NKF represented the seller, Highgate Capital, in the transaction. 29th Street Capital acquired the assets.

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