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Places This Week: Hilton Carillon, billionaire’s Clearwater condo, St. Pete Commerce Park

Margie Manning

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Hilton St. Petersburg Carillon Park

One of St. Petersburg’s top meeting venues has a new owner, a hair care entrepreneur sells a waterfront home in Clearwater, and a south St. Pete development that holds the promise of new jobs advances.

Here’s this week’s roundup of local real estate deals.

Private equity buys Carillon hotel

The Hilton St. Petersburg Carillon Park has sold to a private equity investment partnership. The sale price was not disclosed in a news release from The Plasencia Group, a Tampa company that represented the seller, Hobbs & Curry Family Limited Partnership. The 227-room hotel, built in 2006, has 16,000 square feet of meeting space and been one of the top meeting venues in St. Petersburg. The Covid-19 pandemic prompted changes last spring, when Hobbs & Curry awarded management of the property to Hospitality Ventures Management Group in Atlanta, a group that specializes in turning around and repositioning underperforming hotels, as well as maximizing the performance of stabilized hotels. The new owner has brought on Hersha Hospitality Management, according to the Plasencia Group.

Deuces Rising

St. Petersburg Commerce Park has closed its deal for several acres of land in the area along 22nd Street South known as Deuces Rising. The deal, approved by the City Council in December, includes a job creation agreement, with the city putting $375,000 of the sale proceeds in escrow for a job creation fund. For each new job created at the site SPCC is entitled to $25,000 back from the city, provided the job meets the conditions prescribed by the city.

Pinellas property records show SPCP bought the property for $1.026 million. The deed was filed Feb. 1 but is not yet available for viewing.

Water view

Todd Christopher, one of a handful of local residents on the Forbes list of the 400 wealthiest people in America, has sold one of his Clearwater homes. Christopher sold a 2,530-square-foot, three-bedroom waterfront condo at 505 Mandalay Ave. for $1.13 million on Jan. 26, according to a deed filed in Pinellas County. County property records indicate he owns another home not far away, in the Residences at Sand Pearl Resort, that he bought for $4.9 million in 2015. Christopher founded hair care products company Vogue International in 1987, and sold a stake in the company in 2014 to private equity firm Carlyle Group. Johnson & Johnson (NYSE: JNJ) bought Vogue for $3.3 billion in 2016. Forbes estimated his net worth at $2.3 billion in October.

An interior view of the Clearwater condo sold by Todd Christopher. (Photo credit: realtor.com)

Self-storage

InSite Property Group, a California-based self-storage developer, operator and manager, is the new owner of SecureSpace Palm Harbor, a three-story building with 71,900-square-feet of climate controlled storage space. Insite bought the newly developed Class A property at 265 Palm Harbor Blvd. for $14.3 million on Jan. 19, a deed filed in Pinellas County said. “Intensive growth” in Pinellas County was a key driver for the transaction, the company said in a news release.

SecureSpace Palm Harbor (Photo credit: InSite Property Group)

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