Pensacola Guitar Center returns to Ninth Avenue, reopening in plaza hit by tornadoes in 2016
September 5, 2019

The Eastgate Plaza shopping center on North Ninth Avenue will take a huge step toward revitalization today when a Guitar Center music store officially reopens there at its original address at 6927 N. Ninth Ave....

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Validus Group Acquires 123,000 SF Shopping Center in Dalton, Georgia
November 5, 2015

TAMPA, FL -- Validus Group has finalized the acquisition of Dalton Village, a 123,000 square-foot shopping center in Dalton, Georgia. The property was acquired from New York based real estate firm Cohen Equities for $3.075 million, or $25 per square foot...

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Validus Group Properties Reports Strong First Half of Year Closing Over 114,000 SF of Leases
August 13, 2015

TAMPA, FL -- Validus Group Properties, a subsidiary of Validus Group, reported a strong finish to the first half of 2015. Established last year to help manage the leasing, operations, acquisitions and dispositions of Validus Group's real estate portfolio, the company recently released a transaction list totaling over 114,000 square feet of leases. Among the deals reported...

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Health Care Company Signs Lease To Take Over Entire Building In Sabal Park
April 6, 2015

Validus Group has signed a deal with one of its existing tenants to take over the entirety of a building in Sabal Park. Electrostim Medical Services, Inc. has signed a lease for an additional 11,825 square feet at 3504 Cragmont Drive, making it the sole occupant of the 58,000 square-foot building. EMSI, which specializes in home electrical stimulation units and accessories for management of pain and physical rehabilitation, was already in the building...

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Georgetown Developers Working On Infrastructure Improvements, Could Signal Development Is Imminent
February 18, 2015

One of the most desirable tracts of vacant waterfront land in Tampa Bay appears to be moving toward development. The developers of Georgetown, a 162-acre parcel off of South West Shore Boulevard, have filed plans with the city proposing changes to the canal improvement plans for the site...

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Validus Group Secures $20M Bridge Loan From Synovus Bank
February 12, 2015

A Tampa real estate firm has secured a $20 million revolving line of credit to help it move quickly to acquire investment properties. Validus Group Partners, Ltd. said Wednesday it had secured the bridge financing agreement with Synovus Bank. Validus has worked with Synovus for six years, said David Brightwell, vice president of business development...

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Validus Group Reaches Lease Agreement with Latite Roofing
November 24, 2014

Validus Group has finalized a lease agreement with Latite Roofing and Sheet Metal for its property at 5411 Boran Drive Tampa, FL. Jeff Lamm of Cushman & Wakefield represented Latite in the transaction. Latite Roofing and Sheet Metal offers roof repairs and installation to Ft. Lauderdale, Miami, Tampa, Sarasota, Naples, Orlando and surrounding areas. Established in 1943, Latite has grown into one of the largest roofing companies in the state of Florida. Validus Group is an investment firm based in Tampa, Florida that develops, owns and manages real estate and real estate related businesses. The company, formed in 2004, currently owns a portfolio of over 500,000 square-feet of industrial, flex, office and retail space across the Southeast. Validus Group has owned the property at 5411 Boran Drive since 2009 and marketed it for only three months before reaching an agreement with Latite.

Tampa firm snaps up bank-owned retail center in Georgia
October 27, 2014

Validus Group continues to grow its portfolio of retail properties, this time with an acquisition in Savannah, Ga. Tampa-based Validus paid $4.65 million or $35 per square foot for a bank-owned, 133,000 square-foot retail center in Savannah that's anchored by Beall's Outlet, Rack Room Shoes, Carter's and Dress Barn. LNR Partners LLC was the seller...

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Tampa firm acquires Pensacola shopping center, ramps up retail portfolio
October 27, 2014

Validus Group has closed on a 180,000 square-foot shopping center for $8.95 million. Validus, a Tampa-based real estate investment firm, said Tuesday that it acquired Eastgate Plaza from a lender, South Florida based LNR Partners LLC...

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Plum Georgetown site expects development
March 31, 2014

A 162-acre tract in south Tampa that’s widely regarded as the most desirable residential development property in Tampa Bay could see some action this year. So says Kirk Eicholtz, managing member of Christian Tyler Properties, which is one of the owners of the former Georgetown Apartments, situated between Westshore Boulevard and Old Tampa Bay...

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Validus Group enters credit deal with Synovus Bank
July 8, 2013

Validus Group Partners Ltd. has entered into a new revolving line of credit arrangement with Synovus Bank to provide up to $10 million for its house portfolio. “Synovus Bank has had a strong relationship with Validus Group for the past five years and has seen our growth firsthand,” Vice President of Business Development David Brightwell said in statement. “They have an existing understanding of our businesses and have partnered with us in a variety of ways to support our continued overall growth.”...

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Developers call Georgetown 'once in a lifetime' parcel
October 12, 2009

The economy and real estate market might bounce back in three years or it could take another five years, but either way developers Kirk Eicholtz and Ed Kobel believe they made the right choice in buying the Georgetown Apartments land. “It’s a piece of property that comes along once in a lifetime,” said Eicholtz, managing member of Christian Tyler Properties LLC in Tampa...

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