153,984-SQUARE-FOOT APARTMENT COMPLEX SOLD FOR $13.1 MILLION

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ST. PETERSBURG, FLA. — Crosswinds Apartment Homes, a 208-unit property in St. Petersburg, sold for $13.1 million. The property, which totals 153,984 square feet, contains 13 two-story garden-style buildings on 18.5 acres and includes amenities such as two laundry facilities, a fenced pet-play area, resort-style swimming pool, racquetball and tennis courts and more. Cole Whitaker, Orlando-based Hendricks & Partners, negotiated the transaction for the buyer, Nashville, Tenn.-based Covenant Capital Group LLC. Hal Warren, also of Hendricks & Partners, represented the seller, Chicago-based Equity Residential.

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