TAMPA, FL—A two-property multifamily portfolio just traded for $53 million in the Tampa Bay area. ContraVest sold the assets to B&M Development Company, LLC.
Cushman & Wakefield's Florida Multifamily Advisory Group represented the seller. CushWake executive director Byron Moger and senior director Luis Elorza of were the only brokers involved in the transaction.
Courtney Trace and The Addison offer luxury amenities, high-end unit interiors, and a strong location just east of Tampa in Brandon. The two multifamily assets sit next to each other and offer quick access to Interstate 75.
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