CBRE Arranges Sale of Two Tampa Bay Apartment Complexes Totaling 598 Units
ST. PETERSBURG AND TAMPA, FLA. — CBRE has arranged the sale of a two-property apartment portfolio located in St. Petersburg and Tampa. The first property is Viera Bayside, a 208-unit property located at 500 110th Ave. N. in St. Petersburg. Communal amenities include a 24-hour business center, clubhouse, fitness center and a pool. Unit interiors feature granite countertops, as well as modernized lighting and plumbing fixtures.
The second property is Veranda at Westchase, a 308-unit community located at 12401 W. Hillsborough Ave. in Tampa. Community amenities include a fitness center, spa, pool, tennis court, car wash area, business center and a clubhouse.
Francesco Carriera and Michael Regan of CBRE represented the undisclosed seller and the buyer, Bridge Investment Group, in the transaction. The sales price was not disclosed.