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Tuesday, January 11, 2011

Skypoint tower's retail space fills up

TAMPA - Downtown real estate executives are celebrating after filling up the ground floor of the Skypoint condo tower.
Taps, Five Guys, the Point, Kurdi's Fresh Mediterranean Grill and Pizza Fusion have moved into the tower, and the 9,700 square feet of space for the tenants has been sold to a group of local investors.
Lane Witherspoon & Carswell Commercial Real Estate Advisors brokered a deal to sell the retail spaces as a group from Skypoint developer Novare Group Holdings to Hachem Investments Inc. of Tampa for an undisclosed sum.
"This sale reflects confidence in the ongoing growth of downtown Tampa in general, and the River Arts District in particular," said Lane Witherspoon's director of retail sales Paul Royak.
Completed in 2007, the 32-story Skypoint tower was one of the few condo towers in Tampa Bay to sell most of its residential units.

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