Dec. 10, 2020 (TAMPA, FL) – Jack Koehler, CCIM, ALC of Eshenbaugh Land Company represented the Buyer, Chicago based Core Spaces, in purchasing a 4.5-acre portion of Sears’ former acreage at University Mall for $6.17 million.
Core Spaces’ has plans for a 373-unit, 877-bed student housing development called Hub Tampa.
“The University area has significant barriers to entry for new student housing development due to a lack of suitable sites. This will be a home run for CORE Spaces and a perfect complement to the master plan that RD Management has envisioned for the Uptown property,” says Koehler.
The future development is now part of the Sellers, RD Managements, development master plan, Research, Innovation, Technology, Humanity and Medicine (RITHM), which they announced in July. Construction to convert the mall’s former JCPenney to office space is currently underway.
For additional information on this closing contact Jack Koehler at Jack@thedirtdog.com or call (813)-287-8787 Ext.9
About Jack Koehler
Jack brings his variety of experiences and extensive knowledge to every potential deal to help him better serve buyers and sellers. As a licensed real estate broker associate and a second-generation Tampa real estate professional, he is drawn to all aspects of development and has been involved in land transactions across Central Florida totaling over 4,000 acres.
He is the current chair of the Real Estate Investment Council’s (REIC) Young Professionals Group, past co-chair of the Urban Land Institute’s (ULI) Young Leaders Group, and active member of the Realtors Land Institute (RLI). Jack has received the designation of Certified Commercial Investment Member (CCIM) and is the President-Elect of the Florida CCIM West Coast District for 2021. Jack has also earned the designation of Accredited Land Consultant (ALC).
About Eshenbaugh Land Company
Whether it’s urban infill or wide-open undeveloped land, you need a local brokerage team on the ground and in the know to make complex land deals happen. That’s Eshenbaugh Land Company.
Their collaborative team of experienced brokers blends deep knowledge of all things land, trusted relationships with all the local players, and an ethical, down-to-earth character inspired by our founder’s cowboy roots. All brokers in the firm hold the prestigious CCIM designation.
At Eshenbaugh Land Company, it’s their rare knowledge of all aspects of land that gets deals done – and gives their clients confidence and a sense of ease every step of the way. The teams walk the soil of every property we represent. They know about diverse wildlife and their habitats on the land, about environmental characteristics, about easements and entitlements, and about the history of the sites. The Dirt Dog team know what to ask to uncover issues, what the value should be and who to go to for bringing deals together. And they do it all with respect for their clients, each other, and the land itself.
Learn more by visiting the website at www.TheDirtDog.com where Quarterly Eshenbaugh Reports are posted.