Transactions: Who’s paying how much for what – October 24, 2019

October 24, 2019

Augusta, Ga.–based Henbell McDonough HFT bought the 22,300-square-foot Crossroads Market, in North Augusta, S.C., from WRG-2019, LLC, of Augusta, in a transaction that Franklin Street brokered.

Ask the Expert: How do I determine proper commercial building insurance coverage?

October 23, 2019

E’lise Rainey reveals the top factors influencing proper commercial insurance coverage levels.

Real Estate Deals, Oct. 21

Eden Pointe, LLC, of San Francisco, sold Eden Pointe Apartments, a 270-unit affordable housing community at 955 53rd St. E., Bradenton, to Deancurt Bradenton II, LLC, for $30.75 million. Darron Kattan, Kevin Kelleher, Zachary Ames and Avery Jordan, of Franklin Street’s Tampa multifamily investment sales team, handled the transaction.

Pasco County approves incentives for Tampa developer’s $27M project that will create up to 400 jobs

October 22, 2019

Colwell Avenue Properties, an affiliate of Rizzetta & Co. in Tampa, has received support for its vision to build two Class A office buildings in Pasco County. Rizzetta said they are working with brokerage group Franklin Street for the property.

Franklin Street brokers sale of $7.2M Pinellas portfolio

Franklin Street brokered the sale of four apartment communities in St. Petersburg and Clearwater.