Real estate investment firm, Keating Resources, sold a 10.5 acre located in south Tampa at 6609 South Trask Avenue on January 5 to Atlanta-based Penler. Keating Resources bought the site in July 2019 and successfully rezoned the land from industrial to multifamily for 204 apartments. The land site is one of the last large land sites in south Tampa.
Penler partner, Brian Metzler, said that Penler will start construction immediately and deliver a mix of 1-3 bedroom units in 2022.
Mark Eilers, with the Tampa office of Colliers International, represented buyer and seller.
Alec G. Keating, partner with Keating Resources, said that the sale continues a long term strategy of adding value to real estate assets. Keating said that Keating Resources has bought 730,190 SF of industrial buildings on 79 acres in urban Tampa since Keating Resources entered the market in December 2015.
ABOUT KEATING RESOURCES
Keating Resources is owned by Gerard and Alec Keating, with offices in Dallas, Texas and Atkinson, Nebraska.
For more information regarding Keating Resources, please contact Alec Keating at 630-648-9967 or firstname.lastname@example.org.