540-UNIT ST. CROIX APARTMENTS SOLD FOR $38.35 MILLION
TAMPA — New York City-based Sentinel Real Estate Corp. recently sold the 540-unit St. Croix Apartments, located at 14535 Bruce B. Downs Blvd. in Tampa, to a joint venture of New York City-based Sterling American Property and The Collier Companies for $38.35 million. The complex, built in 1988, features two swimming pools and spas, three tennis courts, a car wash station and a fitness center. Sterling’s Jeff Smith handled his firm’s acquisition, and Sentinel was represented by James Bobbitt and John Selby of CB Richard Ellis’ Tampa office.