Arbor Terrace Senior Housing Property Sold in Tampa, FL; DTZ Tampa’s Allen McMurtry Represents Seller

Megan Fetter

TAMPA, FL – DTZ, a global leader in commercial real estate services, announced that the team of Allen McMurtry, Megan Fetter and David Kliewer has arranged the $20 million sale of Arbor Terrace at Citrus Park on behalf of Citrus Park ALF, LLC.

Arbor Terrace was designed by Tampa architectural firm Chancey Design and developed by a joint venture between Tampa architect/developer Walt Chancey and Rookis Development Company based in Santa Rosa Beach, FL.

The project was pre-sold to Capitol Seniors Housing prior to breaking ground and the transaction closed upon certificate of occupancy.

 The property consists of 6.34 acres and 92 units – 52 assisted living, 14 transitional memory care and 26 memory care.

Allen McMurtry

Conveniently located at 13810 Sheldon Road in the heart of the Citrus Park neighborhood in Tampa, Arbor Terrace is situated in a prime location, allowing residents access to everything that Citrus Park and the greater Tampa Bay area has to offer.

 In addition to its excellent location, Arbor Terrace offers personalized engagement programs for each of its residents, focusing on their individual abilities and interests.

Since 1988, the Tampa-based DTZ Senior Housing team (formerly Cassidy Turley) has sold 160 Senior Housing communities in 31 states with an aggregate sales volume of $2 billion. The team’s average transaction size over the past decade exceeds $35 million.

For a complete copy of the company’s news release, please contact:

Nicole J. Grzywacz

Marketing Manager | DTZ

4301 Anchor Plaza Parkway, Suite 400 | Tampa, FL 33634 | USA

Direct: 813-349-8545

nicole.grzywacz@dtz.com

  www.dtz.com