 |
| Circa at FishHawk Ranch Apartments, Lithia, FL |
(photographer: Chris
Stevens, C2 Design Group).
 |
| Matt Mitchell |
TAMPA, FL – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Circa at FishHawk Ranch, a 260-unit,
Class A garden-style multi-housing community located in Lithia, Florida.
HFF marketed the offering
exclusively on behalf of the developer, a joint venture between North America
Sekisui House, LLC (NASH) and Newland Communities. Inland Real Estate Acquisitions, Inc.
facilitated the purchase of Circa at FishHawk Ranch for an Inland-related
party.
Circa at FishHawk Ranch is
located at 5881 Spector Road within the 4,100-acre FishHawk Ranch master
planned community, which is approximately 20 miles southeast of downtown Tampa.
Positioned in the heart of the community’s
Village Center – which is currently under development and once complete will
feature retail, dining and medical office space – Circa at FishHawk Ranch is
walkable to top-rated schools and the Florida headquarters of Mosaic (NYSE:
MOS). Completed in November 2015, the
property has one-, two- and three-bedroom units averaging 1,045 square feet
each.
 |
| Matthew Lawton |
The amenity-rich community features a resort-style swimming pool with sundeck and cabanas; outdoor pavilion and kitchen with bar, grills, screened-in party room with billiards, ping pong and shuffleboard; state-of-the-art fitness center with cardio/weight room, spin studio, yoga area and children’s playroom; clubroom with flat screen televisions; internet café and social lounge with coffee station; conference room; pet spa facility; condo-quality interior finishes; and attached/detached garage parking.
The HFF investment sales
team was led by managing director Matt
Mitchell, executive managing director Matthew
Lawton and associate director Zach
Nolan.
“Suburbs like FishHawk
Ranch have been particularly starved for new supply so properties like Circa
are filling a void in the market for people who want to enjoy a high-quality,
suburban lifestyle, but don’t need or want to own a 3,000-square-foot house,” said
Mitchell.
“In Tampa, these types of assets are
attractive to investors because of strong fundamentals, job growth, an
expanding population and a manageable supply pipeline.”
“Working with HFF made
this complicated deal easier to purchase,” said Joe Cosenza, president of Inland Real Estate Acquisitions, Inc.,
and vice chairman of The Inland Real Estate Group, Inc. “This luxury apartment
community met our criteria of being newly constructed, ideally located and well
occupied, and we will continue to look for similar properties in the new year.”
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
No comments:
Post a Comment