A St. Petersburg firm has partnered with Boston investors to acquire rental units in The Slade.
Source: www.bizjournals.com
At around $190 per square foot, the property traded at about a 12-15% discount to current retail market value for individual units. The Slade is located in the heart of the Channel District just outside of the downtown Tampa urban core. The district has seen the highest concentration of new multifamily units delivered in the past few years several thousand units under construction or planned.