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St. Petersburg Central Ave property sells for $14.75 million

Developer PTM Partners purchased the 1100 block of Central Avenue from Tricera Capital and Eastman Equity for $14.75 million this week. The site will be home to the second phase of a mixed-use development dubbed “EDGE Collective.” It will include a 350-unit apartment with 350 parking spaces and 20,000 square feet of retail. The sale comes more than two years after the team broke ground on the . ....

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PTM Partners Acquires Florida Site for Rental | MultifamilyBiz.com

SARASOTA, FL - PTM Partners, a leading real estate investment management and development firm with award-winning projects across Florida and the DC Metro, has acquired a two-acre Qualified Opportunity Zone parcel at 520 Payne Parkway in Sarasota, Florida to be developed into a 120,000-square foot, mixed-use community with rentals and retail.
PTM plans to deliver 50 for-rent townhomes, consisting of a mix of three- and four-story units with three bedrooms and private rooftop terraces. The. ....

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