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Year-old St. Pete multifamily development lists for $110 million
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Year-old St. Pete multifamily development lists for $110 million
A 330-unit multifamily development in St. Petersburg has hit the market less than a year after it opened. Potential buyers recently began receiving advertisements for the Lake Maggiore Apartments from commercial real estate and property investment firm JLL. St. Petersburg-based developer Stoneweg U.S. completed the project in late September 2024. Frank Carriera, senior managing director for JLL, said his company is “shooting for $110 million.” …
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