Joint Venture Sells High-Rise Apartment Tower in Downtown Tampa to Northwestern Mutual for $103.5M

TAMPA, FLA. — A joint venture between Forge Capital Partners and Intown/Framework Group has sold 500 Harbour Island, a 235-unit, 21-story multifamily tower in downtown Tampa. The high-rise property offers one- and two-bedroom floor plans averaging 1,087 square feet. Communal amenities include a two-story lobby with a concierge, outdoor deck with dining and grilling areas, dog run, heated swimming pool, cabana area, conference room and a fitness center. Northwestern Mutual acquired 500 Harbour Island and brought in ZRS Management to oversee the building. Matt Mitchell, Zach Nolan and Brett Moss of JLL represented the seller in the transaction.