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Archive for February, 2012

Palm Harbor Office for Rent – 1681 SQ Ft – Motivated Owner

February 22nd, 2012 No comments

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2011 4th Quarter Sales of Interest – Hillsborough County

February 15th, 2012 No comments
Address 401 E Jackson ST
Property Type SunTrust -Office Building
Sales Date 12/15/2011
Sales Amount $82,500,000
Amount/Sq Ft $140.33
Prior Sale Amount $114,500,000
Prior Sales Date 09/17/07
Exterior Wall Glass
Address 7911 W Hillsboroug AVE
Property Type McDonald’s -Restaurant Building
Sales Date 12/19/2011
Sales Amount $250,000
Amount/Sq Ft $91.47
Prior Sale Amount $35,300
Prior Sales Date 12/13/08
Exterior Wall Brick
Address 7011 W Hillsboroug AVE
Property Type Village Inn -Restaurant Building
Sales Date 09/30/2011
Sales Amount $1,700,000
Amount/Sq Ft $314.64
Prior Sale Amount n/a
Prior Sales Date Jun-78
Exterior Wall Stucco
Address 401 N Dale Mabry HWY
Property Type Giordano’s – Restaurant Building
Sales Date 12/01/2011
Sales Amount $1,765,000
Amount/Sq Ft $333.40 (Multiple Properties)
Prior Sale Amount $1,871,400
Prior Sales Date 05/23/05
Exterior Wall Brick
Address 612 S Dale Mabry HWY
Property Type Florida Bank – Financial Building
Sales Date 10/13/2011
Sales Amount $3,490,000
Amount/Sq Ft $1,039.93
Prior Sale Amount $2,970,000
Prior Sales Date 1/2/08
Exterior Wall Stucco
Address 6502 N US Highway 301
Property Type Waffle House – Restaurant Building
Sales Date 11/15/2011
Sales Amount $286,700
Amount/Sq Ft $181.92
Prior Sale Amount $317,000
Prior Sales Date Jul-86
Exterior Wall Brick
Address 5603 E Hillsborough AVE
Property Type Denny’s-Restaurant Building
Sales Date 10/17/2011
Sales Amount $1,214,800
Amount/Sq Ft $259.57
Prior Sale Amount $814,700
Prior Sales Date 12/20/07
Exterior Wall Brick
Address 1711 S Dale Mabry HWY
Property Type Mao Wah-Store Building
Sales Date 11/23/2011
Sales Amount $1,290,000
Amount/Sq Ft $137.57
Prior Sale Amount n/a
Prior Sales Date Jan-90
Exterior Wall Stucco

Family Dollar assemblage of 4 properties

Address 1505 E Dr Martin Luther King Jr BLVD
Property Type Family Dollar-Retail Trade
Sales Date 10/03/2011
Sales Amount $1,897,000
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $95,500
Prior Sales Date 12/14/10
Exterior Wall Stucco
Address 1501 E Dr Martin Luther King Jr BLVD
Property Type Family Dollar-Miscellaneous
Sales Date 10/03/2011
Sales Amount $1,897,000
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $437,500
Prior Sales Date 12/14/10
Exterior Wall Stucco
Address 3905 N 15th ST
Property Type Family Dollar-Store Building
Sales Date 10/03/2011
Sales Amount $1,897,000
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $275,000
Prior Sales Date 12/14/10
Exterior Wall Concrete Block
Address 3901 E 15th ST
Property Type Family Dollar-Commercial Lot
Sales Date 10/03/2011
Sales Amount $1,897,000
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $275,000
Prior Sales Date 12/14/10
Exterior Wall Concrete Block

EastGroup (NYSE – EGP) acquired 16 buildings with 1.14 million SqFt in Tampa for $56.6 million.Here are some examples:

Address 5206 W Waters AVE
Property Type Ferguson-Warehouse
Sales Date 12/19/2011
Sales Amount $56,619,500
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $2,807,500
Prior Sales Date 10/28/94
Exterior Wall Precast Panel
Address 7905 Hopi PL
Property Type Fergusion-Warehouse
Sales Date 12/19/2011
Sales Amount $56,619,500
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $2,023,142
Prior Sales Date 10/28/94
Exterior Wall Concrete Block
Address 5001 Tampa West BLVD
Property Type Ferguson-Warehouse
Sales Date 12/19/2011
Sales Amount $56,619,500
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $133,000
Prior Sales Date 10/28/94
Exterior Wall Concrete Block
Address 5036 Tampa West BLVD
Property Type Ferguson-Warehouse
Sales Date 12/19/2011
Sales Amount $56,619,500
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $110,000
Prior Sales Date 08/14/02
Exterior Wall Concrete Block
Address 5028 Tampa West BLVD
Property Type Ferguson-Service Station
Sales Date 12/19/2011
Sales Amount $56,619,500
Amount/Sq Ft Multiple Parcels
Prior Sale Amount $1,300,000
Prior Sales Date 06/15/95
Exterior Wall Concrete Block

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Tampa Area Real Estate News

February 1st, 2012 No comments

ULI Tampa Bay Commercial Real Estate Conference, held at A La Carte Event Pavillion, hear of economy that is slow to recover

Tampa Bay Lightning, Wilson company and Tampa Tank team up to find real estate for homeless in Hillsborough County

Columbia Restaurant and Metro Bay Real Estate win bid to Renovate Tampa Heights’ Waterworks

Wawa owners, Brightwork Real Estate, eye up former Giordano’s restaurant site

Commercial Real Estate slow to recover says Maddux Report

Tampa Mayor tells CCIM he is undecided on waiving development impact fees

Pemco World Air Services Inc. wants to expand at Tampa International Airport

Tampa Port Authority to purchase land next to CSX Transportation due to expansion

Jury selects Michael Maltzan’s ‘Lens’ design as clear winner of St. Pete Pier Design Competition

One Call Medical Inc. decide to expand Express Dental in Tampa

The Beck Group putting finishing touches to the University of South Florida’s Centre for Advanced Medical Learning and Simulation

Hobby Lobby, Frank Entertainment and Publix Super Markets help improve retail vacancy rate

Don’s Dock set to benefit from potential population growth as forecasted by the Bureau of Economic Growth

EVOS enlist the help of Walker Brands as they team up with Aramark

Outback Steakhouse co-founder now looking to aggressively expand PDQ’s restaurants, to offer an alternative to Panera Bread

Toys ‘r Us at Eagle Ridge Mall set to close due to end of lease term

 

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