Tampa Palms apartment community sells for $59 million

Mezzo of Tampa Palms was developed in 1992 on the northwest side of Bruce B. Downs Boulevard.
Mezzo at Tampa Palms (Courtesy of Cushman & Wakefield)
Mezzo at Tampa Palms (Courtesy of Cushman & Wakefield)
Published August 14
Updated August 14

TAMPA — Mezzo of Tampa Palms, a 340-unit apartment community, has sold for $59 million to a Boston-based private real estate equity firm. Taurus Investment Holdings paid $173,529 per unit for the complex, which consists of 20 three-story buildings at 15210 Amberly Drive in Tampa Palms. The seller, Preston-Giuliano Capital Partners, has made more than $3.4 million worth of renovations at Mezzo, which was developed in 1992 and is more than 95 percent leased. Cushman & Wakefield negotiated the sale.