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After a Devastating Loss, One Family's Resilience Leads to a Lifesaving Rescue

After a family member headed out on a kayak trip and was never found, the Schink family spearheaded the creation of the Aqua Alert system which was used to help rescue members of the Hendricks family. ....

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Preferred U.S. government developer buys Bradenton business park for $11.1 million

The business park’s high-quality office space, appearance and location make it a Class A property. It attracted several competitive offers from developers of various types, including medical and retail.
Morgan Johnson Commerce Park, LLC, a privately-held investment group affiliated with Stuart-based New Market Strategies, LLC, was represented by Paul Carr, Todd Tolbert and Lori Hellstrom of Colliers. The buyer was self-represented in the transaction.
“Given the dynamics of the location, stabilized income stream and development upside potential, the property generated significant interest and multiple competitive offers, said Paul Carr, executive managing director of Investment Services for Colliers. It was a great fit for this buyer because it further grows their portfolio of U.S. government-occupied properties while satisfying a 1031-exchange requirement.” ....

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Tampa office park in the I-75 Corridor sells for $11.39 million

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Interstate Business Park
An affiliate of Cardinal Point Management, LLC, a Tampa-based investment and property management firm, has sold a seven-building office park in Tampa s I-75 Corridor submarket for $11,385,000.
With five two-story buildings and two one-story buildings, the park totals 121,918 square feet of office and flex space on 12.5 acres. The property is located at 4508 Oak Fair Blvd. in Tampa, just south of the Interstate 4 and U.S. 301 interchange, across the street from the Florida State Fairgrounds and MidFlorida Credit Union Amphitheatre.
Paul Carr and Todd Tolbert of Colliers represented the seller, Cardinal Point Management, LLC, in the transaction. The buyer was self-represented. Don Jennewein and Nathan Lynch of Colliers provided the debt financing to the buyer, Westmount Realty Capital, LLC. The acquisition is Westmount s first office property in Florida. ....

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