TA Realty Buys South Florida Apartment Complex for $118M

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TA Realty Buys South Florida Apartment Complex for $118M

TA Realty dropped $118 million for a multifamily property in Pembroke Pines, Fla., property records show.  The 19-acre property, called Bell Pembroke Pines, holds 300 apartments at 16700 Sheridan Street, a mile west of Interstate 75 and four miles from Everglades National Park. The sale breaks down to just over $393,300 per unit.  The seller, Atlanta-based Bell Partners, purchased the 345,423-square-foot complex for $91 million in 2018, three ye…