Saturday, April 21, 2018
Real Estate

The Tri-County Business Park near the convergence of Hillsborough, Pasco and Pinellas counties has sold for $40.4 million. The 676,735-square-foot park at 13300 McCormick Drive sits on 76.5 acres and consists of 20 buildings with tenants that include Leader Tech, an electronics manufacturer, and Seven Seas Water Corp. Cushman & Wakefield brokered the sale to a joint venture between Bircher Anderson, a commercial real estate company, and JCR Capital, an investment management firm.

Comments
Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Judge: Foreclosure defense lawyer Mark Stopa violated numerous rules of conduct

Tampa Bay foreclosure defense lawyer Mark Stopa has violated numerous rules of professional conduct and caused two clients to nearly lose their homes because he failed to tell them about settlement offers from their banks. Those were among the prelim...
Updated: 12 hours ago
Owners say new house is a disaster; developer accuses them of ‘online terrorism’

Owners say new house is a disaster; developer accuses them of ‘online terrorism’

ST. PETERSBURG --- Stretched across the front of Tim and Hyun Kims’ two-year-old house is a big banner with the name of a developer and the words: "I have to fix my new house."Some of what needs fixing is instantly apparent. The front steps are too ...
Published: 04/20/18
Here’s your first look at what will be Riverwalk Place, Tampa’s tallest tower

Here’s your first look at what will be Riverwalk Place, Tampa’s tallest tower

TAMPA — Developers on Thursday detailed plans for what they touted as the tallest building on Florida’s west coast, with condominiums priced in six and seven figures and a shimmering glass design they say would stand out in the skylines of New York, ...
Published: 04/19/18
Updated: 04/20/18
Marriott Edition to bring five-star hotel ambitions to Water Street Tampa

Marriott Edition to bring five-star hotel ambitions to Water Street Tampa

TAMPA — At the Gramercy Park Hotel in New York City, hotelier Ian Schrager transformed a Jazz Age building with its own rich history into a destination offering even more heady experiences — extravagant, edgy and bohemian.In Tampa, Schrager will have...
Published: 04/19/18
Updated: 04/20/18
Tampa Bay homes selling less quickly than in many other areas

Tampa Bay homes selling less quickly than in many other areas

Despite a booming market, homes in the Tampa Bay area took longer to sell in 2017 than those in many other parts of the country. According to Zillow, the average time between listing and closing for a bay area home was 81 days last year, the same as ...
Published: 04/17/18
Tampa Bay firm buys $80 million in loans backed by Louisiana hotels, restaurants, apartments

Tampa Bay firm buys $80 million in loans backed by Louisiana hotels, restaurants, apartments

ST. PETERSBURG — The collapse of a New Orleans bank is proving a boon to a fast-growing St. Petersburg real estate finance firm. Directed Capital has acquired $80.2 million in distressed loans originated by the failed bank and collateralized by hotel...
Published: 04/16/18
Water Street Tampa launching vertical construction, starting with JW Marriott on April 24

Water Street Tampa launching vertical construction, starting with JW Marriott on April 24

TAMPA — Water Street Tampa will formally start construction on its 26-story JW Marriott hotel on April 24, developers said Friday."It’s exciting," Tampa Bay Lightning owner Jeff Vinik said in an interview this week. Vinik has teamed up with Microsoft...
Published: 04/13/18
State: Hurricane Irma caused $8.6 billion in insured losses

State: Hurricane Irma caused $8.6 billion in insured losses

Claims data is still rolling in for Hurricane Irma, which caused much more damage than previously thought. The Florida Office of Insurance Regulation revised its estimate of insured losses from the September 2017 storm to $8.61 billion on Thursday, u...
Published: 04/13/18
Tampa Bay couple that suffered 'horrible treatment' settles with lender

Tampa Bay couple that suffered 'horrible treatment' settles with lender

SEMINOLE — After hearing Carol and Timothy Grundmann recount their six-year battle with a loan servicer, a Pinellas County judge had this blunt reaction: "The court has never seen such horrible treatment by a financial institution to its custo...
Published: 04/13/18
West Tampa art commune wonders what future holds under new landlords

West Tampa art commune wonders what future holds under new landlords

TAMPA — Since 1998, the Santaella Studios for the Arts on the second and third floor of the 114-year-old A. Santaella Cigar Factory has provided cheap month-to-month leases on 25 no-frills suites for creatives.In turn, they have transformed that bric...
Published: 04/13/18