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Archive for April 28th, 2010

Real Estate Transactions of Note in Tampa, Florida – Chris Simms & Bubba the Love Sponge

April 28th, 2010 No comments

Bubba the Love Sponge

Bubba the Love Sponge Starting a Studio in Tampa?

Bubba the Love Sponge Starting a Studio in Tampa?

On February 26, 2010 Bubba the Love Sponge, formerly known as Todd Clem, purchased 5021 W Nassau Street in Tampa, Florida by the Westshore Business District.  Bubba is a radio shock jock currently working with Howard Stern on Sirius “Howard 101.”

Mr. Sponge plans on turning the 2 story warehouse in to the new home of Bubba the Love Sponge radio studios.

The 8,400 sq ft structure was purchased for $605,000

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Chris Simms

Chris Simms - ex- Buccaneer Quarterback

Chris Simms Takes a Beating on Sale of Home

On April 14, 2010, ex-Tampa Bay Buccaneer Quarterback Chris Simms and his wife Danielle sold their Harbour Island home in Tampa, Fl for $1.15 million.  The house was purchased in 2006 for $1.75 million.  No one can hide from the downturn in housing prices.  I wonder if Mr. Simms has decided to rent his home in Nashville instead.

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University of Florida’s Bergstrom Center Says #Florida Real Estate Market Has Bottomed #CRE

April 28th, 2010 1 comment

Florida real estate markets show the first tentative signs of being on the verge of recovering from the most painful recession in the state’s history, according to the latest report from the University of Florida.

“They see the fundamentals of the economy stabilizing and they see the opportunity to get quality assets at a good price,” he said. “So if they think things aren’t going to get worse and they may actually get better, it follows that they’re going to want to start investing again.” Says Timothy Becker Director of the Bergstrom Center for Real Estate Studies

The retail and office markets are the worst off, Becker said. “Until there is an increase in job growth, there is no need for more office space, and people aren’t spending as much money as they used to,” he said.

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