NEWS COMPANY NEWS
Company news.
Acquisitions, sales, fund milestones, and updates from Kennedy Investments since 2014.
2022
Greyhound Bus Station AcquisitionKennedy Investments acquired the Greyhound Bus Station property in downtown Tampa, part of its plan to redevelop the North End.
Hurricane Ian – Post Storm UpdateAfter Hurricane Ian, the Kennedy team inspected dozens of properties within 48 hours. All came through with little to no damage.2021
2020
Kennedy Investments Acquires Jetton Office BuildingKennedy Investments bought an 18,000-square-foot South Tampa office building at 3709 W. Jetton, beating several other bidders with an all-cash offer.
The Keys at Cotee River InvestmentThrough KI Florida Fund II, Kennedy joined a joint venture to build The Keys at Cotee River, a 126-home gated rental community in Port Richey.
Kennedy Investments Announces Closing of KI Florida Fund II at $19MKI Florida Fund II closed on March 1, 2020, with nearly $19 million in accredited equity.
KI Florida Fund I Sells Take 5 Oil Change PropertyKI Florida Fund I sold the Take 5 Oil Change property for $1.39 million, earning a deal IRR above 65%.
Kennedy Investments Closes $12M Industrial SaleKennedy sold Hanna Warehouses I and II near Tampa International Airport for $12 million.
KI Florida Fund II Closing Date AnnouncedKI Florida Fund II set its closing date for February 28, 2020, with more than $17 million in subscriptions.2019
KI Florida Fund I Acquires Laurel Run Professional CenterKI Florida Fund I won Laurel Run Professional Center in Ocala at a foreclosure auction for $1.6 million and began its renovation.
Kennedy Investments Announces the Launch of KI Florida Fund IIFollowing Fund I’s early results, Kennedy opened KI Florida Fund II to accredited investors on July 15, 2019.
Kennedy Investments Leases Outparcel to Take 5 Oil ChangeKI Florida Fund I signed a 10-year ground lease with Take 5 Oil Change for its outparcel at Armenia and Hillsborough Avenues in Tampa.
Kennedy Investments Announces the Sale of Ocala Logistics CenterKI Florida Fund I sold Ocala Logistics Center, a 254,000-square-foot industrial park on I-75, for $4.7 million.
Grand Opening of New Self Storage Facility in Celebration, FLThe new 700-unit, climate-controlled self-storage facility in Celebration opened in January, managed by CubeSmart.
KI Florida Fund I Acquires Tyrone Crossings Office in SE Pinellas CountyKI Florida Fund I bought Tyrone Crossings, a 72,000-square-foot office tower and bank branch in St. Petersburg, at auction for just under $3 million.2018
Kennedy Investments Announces Sale of NFLA Office in North TampaAbout four months after buying it, Kennedy sold the NFLA office building in North Tampa for $2.37 million, returning more than 150% of invested capital.
Celebration Self-Storage Construction UpdateConstruction of the Celebration self-storage facility is well under way, with the third floor poured and interior framing mostly complete.
KI Florida Fund Acquires Northwest Tampa Office BuildingKI Florida Fund and co-investors bought NFLA, a 28,000-square-foot former corporate headquarters in Northwest Tampa, and began a seven-figure renovation.
KI Florida Fund Invests in New Self-Storage Facility in Celebration, FloridaKI Florida Fund I invested in a 4.85-acre site in Celebration, Florida, to develop a 700-unit self-storage facility.2017
KI Florida Fund Acquires Warehouse in Tampa International Airport Industrial SubmarketKI Florida Fund I bought Hanna Warehouse II, a fully leased 70,000-square-foot warehouse just north of Tampa International Airport.
KI Florida Fund Acquires Bayview Office Building in St. Petersburg, FLKI Florida Fund I made its first acquisition: Bayview, a three-story, 72,751-square-foot office building in St. Petersburg.2016
KI’s Residential Portfolio Has Been Acquired by Sterling BayKennedy sold its Tampa Community Partners rental home portfolio, the largest single-family portfolio sale on record in Hillsborough County.
Kennedy Investments Launches Value-Added Commercial RE FundKennedy launched KI Florida Fund I, giving accredited investors access to diversified, value-add commercial real estate in Florida.2014
Tampa YMCA Carol Kennedy Aquatics Center GroundbreakingThe City of Tampa broke ground on the Carol Kennedy Aquatics Center at the South Tampa YMCA, set to open in 2015.
Kennedy Investments Purchases Lincoln Gardens Office Park at 2901 W. Busch Blvd.Kennedy bought Lincoln Gardens, a 75,000-square-foot office park on Busch Boulevard, and is rebranding it Twin Lakes Office Park.STAY CONNECTED
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