CBRE Arranges $65M Sale of Tampa MF Property
CBRE has brokered the $65 million sale of Hanley Place, a 400-unit multifamily property in Tampa.
Hanley Place was originally constructed in 1972 and is located at 7315 West Hanna Ave. near Westshore Business District, Downtown Tampa, Tampa International Airport and the Westchase neighborhood. The property offers amenities including two swimming pools, a fitness center, a dog park, a business center and four on-site laundry facilities.
CBRE’s Michael Regan and Francesco Carriera represented both the buyer and sellers in the transaction. The buyer, ZMR Capital, purchased the property from NorthEnd Equities and Residential Management. In addition, Berkadia’s Brad Williamson and Wesley Moczul secured a $56.8 million acquisition loan for the property on behalf of ZMR Capital.