TAMPA, FL—The Tampa Bay area is certainly on investor's radar screens RADCO Companies and Cortland Partners are making big bets there while Altman Companies is benefitting from dispositions. Camden Bayside Apartments just traded for $85.125 million. Cortland acquired the 832-unit luxury waterfront community.

CBRE's John Selby and Sean Williams represented Houston-based Camden Property Trust, a real estate investment trust that owns and operates apartment communities across the United States. Selby and Williams have closed over $700 million in multifamily sales in the Tampa Bay region from 2014 to date.

“Camden Bayside is an ideal value-add candidate with an irreplaceable bayfront location, prestigious south Tampa address and immediate access to Tampa Bay's major employment and entertainment destinations,” says Williams, senior vice president of CBRE Capital Markets, Multifamily. The multifamily property is located at 6301 South Westshore Boulevard. The complex was completed in 1986-1989.