March 31, 2016

Grand Pavilion Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture acquisition of Grand Pavilion in Tampa, FL. The property closed on March 31, 2016 and is comprised of a 264-unit, class B, fractured condominium community, consisting of 22, primarily two-story buildings.

The property is located within greater Tampa Bay’s University North submarket, approximately nine miles northeast of Tampa’s Central Business District and in close proximity to the University of South Florida and Florida Hospital Tampa, both major employers in the area.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and primarily targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate, primarily located on the East and West Coasts of the U.S., Texas, and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.