Core Spaces Acquires Student Housing In Tampa For $38.75M

Core Spaces has acquired a student housing property located at 14200 Bruce B Downs Blvd in Tampa. The transaction, which took place on April 14, 2022, was facilitated by Rittenhouse Realty Advisors represented by Ken Wellar and Douglas Sitt. The property was sold by FPA Multifamily for a total price of $38,750,000.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $38,750,000
• Address: 14200 Bruce B Downs Blvd, Tampa
• Market: Tampa

This acquisition marks an important addition to Core Spaces' portfolio of student housing properties. With the purchase of this property, Core Spaces further strengthens its presence in the Tampa market. The deal was successfully negotiated by Ken Wellar and Douglas Sitt of Rittenhouse Realty Advisors, showcasing their expertise in the student housing sector.