In 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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In April of 2017, KI Florida Fund acquired a Bayview, a three-story, 72,751 sq. ft. office building at 11300 4th St North in St. Petersburg, Florida. At the time of acquisition, the property was more than 90% occupied, and is home to Cox Media (an operator of 5 popular radio stations in the Tampa Bay…
DetailsKennedy Investments is pleased to announce the sale of its Tampa Community Partners residential rental portfolio to Sterling Bay Investments, a local residential rental home operator in Tampa. The portfolio will henceforth be known as Heights Historic Homes, LLC and it will continue to provide affordable, attractive homes for sale and rent to the community.…
DetailsAfter more than 40 years of successful real estate investment syndications, Kennedy Investments is pleased to announce the launch of KI Florida Fund I, offering accredited investors access to diversified commercial real estate investments in Florida. The Fund will target acquisitions of value-added real estate investments which generate operating income and offer long-term capital appreciation.…
DetailsI recently had the honor of being invited to sit down and chat with my friends Eric Odum and Steve Silverman at their Invest Florida real estate podcast show. Eric and Steve launched their informative Florida real estate investment podcast just a few weeks ago, and it’s already a hit, according to iTunes. Apparently the…
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