Kennedy Investments is pleased to announce the closing of KI Florida Fund II, the second of our value-added, regionally focused commercial real estate investment funds. Like KI Florida Fund I (launched in 2017), Fund II will pursue investments across all commercial asset types including office, industrial, retail, residential and special purpose. The Fund will pursue…
Kennedy Investments is pleased to announce KI Florida Fund I’s sale of the Take 5 Oil Change property on April 8th, 2020 for $1.39M. KI Florida Fund I acquired this vacant outparcel for $380,000 in November 2018 and executed a 10-year ground lease with Take 5 Oil Change in March 2019. Take 5 Oil Chance…
The Paycheck Protection Program The CARES Act established the Paycheck Protection Program (PPP). This program allows the Small Business Administration to make forgivable loans to eligible companies. Generally, businesses with fewer than 500 employees, that have been impacted by the COVID-19 crisis, may qualify to receive loans. Acceptable Uses for PPP Loans These loans may…
Kennedy Investments is committed to doing everything we can to ensure the health and well-being of our tenants, their employees and visitors at the properties we manage. We want to keep you informed about what steps Kennedy Investments’ plans if community spread of the novel coronavirus known as COVID-19 occurs in the Tampa Bay area.…
Kennedy Investments is pleased to announce the sale of two warehouse properties in the Tampa International Airport submarket. On January 7th, 2020, the “Hanna I & II” properties were sold to Dogwood Holdings L.P. for $12M. Kennedy Investments was represented by Rick Brugge of Cushman & Wakefield. Hanna Warehouse I, a ~70K sq. ft. concrete…