Kennedy Investments is pleased to announce the sale of “NFLA Office,” a suburban office building purchased in May of this year by by KI Florida Fund I and NFLA Investors, LLC. This former Class A, 28K sq. ft. single-tenant office building (depicted above soon after its construction in the mid-90’s) was in need of…
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Kennedy Investments is pleased to report that construction is well under way and the building is taking shape at the Celebration Self-Storage Facility KI Florida Fund I invested in last fall. As of early June, the third floor was poured, interior framing was mostly complete, and electrical, mechanical and other infrastructure work was in full…
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KI Florida Fund (along with a handful of co-investors) has officially acquired North Florida Avenue (“NFLA”), a 28K sq. ft. office building in Northwest Tampa. Located a half-mile from the Bearss Avenue exit on I-275 at 15316 N. Florida Ave, NFLA is just a mile from Avila, one of Tampa’s most exclusive gated communities and…
DetailsIn the 3rd quarter of 2017, KI Celebration, LLC, a subsidiary of KI Florida Fund I, acquired an interest in Boulevard Development Partners, LLC, which owns a 4.85 acre tract of commercial land in Celebration, Florida. Boulevard Development Partners will develop a portion of this property into a climate controlled self-storage facility featuring nearly 700…
DetailsIn May of 2017, KI Florida Fund acquired Hanna Warehouse II, a multi-tenant, 70K sq. ft. office building in Tampa’s Westshore/Airport industrial submarket. This market experienced a downturn following the recession but has been seeing increasing demand and limited supply, with current market vacancy under 10%. A steady shift in the composition of the consumer…
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