TA Associates Realty buys Promenade at Carillon

BUYER: The Realty Associates Fund X LP, Boston
SELLER: AP Promenade LLC
PROPERTY: 540 Carillon Parkway, St. Petersburg
PRICE: $45.8 million
PREVIOUS PRICE: $34.15 million, December 2010

PLANS, DESCRIPTION: Boston-based TA Associates Realty purchased the 334-unit Promenade at Carillon in St. Petersburg for $45.8 million.

The price equated to $145,210 per unit. That figure is higher than the current average price per unit for multifamily space ($70,803) in the Tampa Bay area, according to the CoStar Group.