Channel district fractured condos sold to partnership with local ties

Rental units in The Slade, a fractured condominium in downtown Tampa’s Channel district, have a new owner.

A joint venture of Cardinal Point Management, based in St. Petersburg, and Boston-based Long Wharf Real Estate Partners LLC paid $40 million for the 214 rental units and approximately 11,500 square feet of retail space, Cardinal co-founder Greg Williams confirmed Wednesday.

The units will continue to be operated as apartments, Williams said. The remaining 80 units in the building are individually… …read more