Flurry of office tower sales signifies downtown Tampa’s ‘time has come’

By Ashley Gurbal Kritzer It’s been a banner year for downtown Tampa’s office market. Three towers have sold — Fifth Third Center sold for $47 million, Tampa City Center fetched $128 million and at the end of November, the Wells Fargo Center traded for $78 million. Driving those deals is a multifaceted dynamic, investment brokers […]

2013 personal income grows throughout Tampa Bay

By Margie Manning County; 2013 personal income; Percent change from 2012 Hernando; $31,422; 1.5 percent Hillsborough; $40,680; 1.2 percent Manatee; $42,104; 0.6 percent Pasco; $32,975; 2.0 percent Pinellas; $45,574; 1.2 percent Polk; $34,393; 2.2 percent Sarasota; $56,661; 0.7 percent Source: U.S. Bureau of Economic Analysis Read More Source:: TBBJ Real Estate

Spec mansions: The house always wins

By Ashley Gurbal Kritzer Tampa developer Vincent Cassidy is leading a group that continues to bet on the waterfront luxury home market. The group’s fifth speculative mansion will break ground at 4922 St. Croix Drive in Culbreath Isles. The Culbreath Isles homes will likely be brought to market around the same time as another of […]

Exclusive: Speculative waterfront mansion to rise on Tampa’s Westshore

By Ashley Gurbal Kritzer A new waterfront mansion will rise speculatively in Culbreath Isles on Tampa’s Westshore. Vincent Cassidy, who has carved out a niche in developing new waterfront luxury homes in Tampa, has closed on 4922 St. Croix Drive for $1.85 million, where he plans to begin construction on a new six-bedroom, 7,000-square-foot home […]