CBRE Brokers $61M Sale of Pinellas Park MF Community

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CBRE has actually prepared the $61 million sale of Gateway Lakes, a 329-unit, multifamily home located at 5501 100th Ave. N in Pinellas Park, FL.

Portal Lakes contains 21 buildings and also lies in the high-growth location of Pinellas Park. It includes huge layout, lake views, private patios and also services that include a heated health club, swimming pool, tennis court, playground, pet park as well as a lately redesigned gym. The gated community is nearby the Gateway Service District, St. Petersburg/Clearwater International Airport and also downtown Clearwater and also St. Petersburg.

Francesco Carriera and also Michael Regan of CBRE stood for both the purchaser, TruAmerica, and also the vendor, St. Regis Residence, in the purchase.

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