In the largest real estate transaction in Hillsborough County this year, West Park Village in the Westchase area of Tampa has sold for $122.5 million.
The Carroll Organization, based in Atlanta, bought the property from Hillsborough West Park LLC, which has the same address as JPMorgan IIF Acquisitions in New York City.
The Carroll Organization shows West Park Village as a new acquisition on its website. Spokesperson Elika Masserrat confirmed the sale, but said a news release was being prepared and she could not provide further comment. According to the Hillsborough County Clerk, the deal closed May 14.
West Park Village is a 617-unit luxury apartment community with tree-lined sidewalks, retail and a plethora of amenities. Its units range from one-bedroom/one-bath (815 square feet) to three-bedroom/three-bath (2,046 square feet). Forrent.com lists prices from $987 to $1,864 per month.
West Park Village is the latest and largest property in the Carroll Organization’s growing Tampa Bay portfolio. The company also owns Lansbrook Village in Palm Harbor (571 units); and Arium Citrus Park (247 units) and Arium Bay Pointe (368) in Tampa.
SOURCE: TAMPA BAY BUSINESS JOURNAL
