March 9, 2020
Blaze Partners has acquired Nine15 Apartments, a 362-unit multifamily high-rise tower in downtown Tampa. The sales price was not disclosed.
The 23-story luxury community is located on North Franklin Street and is nearby the Tampa Riverwalk. Amenities include a modern fitness center, rooftop pool, penthouse skylounge, and 9,000 square feet of ground-floor restaurants and retail. Blaze intends to invest incremental capital to refine the product and expand resident offerings.
“We are thrilled with the acquisition of Nine15, a remarkable asset in the heart of one of the most transformational nodes in Tampa,” said Chris Riley, managing partner at Blaze.
“This transaction marks a continuation of our acquisition strategy focused on acquiring recently-developed, Class A communities in dynamic submarkets within the premier growth markets throughout the Sunbelt. We are actively building our pipeline and continue to have a healthy capital appetite for the right opportunities.”
The seller was not disclosed.
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