December 3, 2019 – JLL announced today that it has closed the sale of 883 units within Grande Oasis at Carrollwood, a 1000-unit, garden-style condominium community centrally located in Tampa’s Carrollwood submarket.
Grande Oasis at Carrollwood is situated on 58.52 acres at 3516 Grand Cayman Drive approximately eight miles northwest of the Tampa CBD within a prime infill, supply-constrained location convenient to multiple demand drivers and robust retail offerings. Originally constructed in 1991 by Post Properties, the property offers a resort setting with three swimming pools, large fitness center, multiple tennis courts, and a one-mile walking trail surrounding a natural, seven-acre lake. The property is 95.6% occupied.
The JLL Capital Markets team representing the seller included Senior Managing Director Matt Mitchell, Senior Director Zach Nolan, Associate Drew Jennewein and Analyst Jarrod Smith.