St. Petersburg, FL (April 30, 2012) — Osprey S.A., Ltd retained theš Tampa office of Atlanta-headquartered ARA to arrange the sale of their 2.88-acre site located at 330 Third Street in downtown St. Petersburg, FL.American Land Ventures, based out of Miami, Florida, was selected by Osprey to proceed with plans to develop the site, with a project consisting of 340+/- luxury apartments and parking facilities. ššš
The property is ideally located at the northwest corner of 3rd Street South and 4th Avenue South.š It is adjacent to the University Village Shopping Center which is anchored by a high volume Publix grocery store.
ARA’s Tampa-based Senior Vice President, Patrick Dufour (middle left photo), and Boca Raton-based Principal, Richard Donnellan (top right photo), represented the seller.
“The site has four million square feet of office space located within one mile of the property, and is only five blocks away from -- and within walking distance to -- Bayfront Medical Center and All Children’s Hospital, which combined employ more than 5,000 people,” stated Donnellan.
According to Dufour, who lives in St. Petersburg, “The property provides a unique walkable lifestyle and is located within blocks of the downtown waterfront, multiple museums, sporting venues, theaters as well as several restaurants and shops. This is truly irreplaceable real estate, in fact, many of the units will enjoy open water views of Tampa Bay,” added Dufour.
For additional information, contact Patrick Dufour at 813-639-7662.
To schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Marti Zenor at mzenor@ARAusa.com or 561.988.8800.šš
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