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MAY 13, 2019

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Nuveen Real Estate buys luxury garden apartments in Tampa

by Released

Document ZOM Living, in partnership with affiliates of The Mattoni Group and New York–based Clarion Partners, on behalf of a commingled fund managed by the firm, recently sold AZOLA Apartments, a 366-unit multifamily apartment community located within the Brandon area of Hillsborough County, to an affiliate of institutional investor Nuveen Real Estate.

Azola at Magnolia Park was completed in fall 2018. With convenient access to downtown Tampa, the beaches, shopping and major employment centers, Azola Apartments are spread across 25 acres and feature well-appointed one-, two- and three-bedroom units in a variety of floor plans ranging from 704 to 1,457 square feet, with private yards and hard-surface flooring in select units. A large resident community center and onsite amenities include a clubroom with cyber café, game room with virtual sports simulator, dog park and dog spa, state-of-t

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