Hermitage Apartments in downtown St. Pete sells for $104.5 Million
/A 348-unit apartment complex in the heart of downtown St. Petersburg has a new owner and a new name.
Boston-based real estate management firm General Investment & Development (GID) has purchased The Hermitage Apartment Homes at 151 7th Street South.
The sales price and transaction details have not been published. The Brass Enterprises, a private Toronto real estate investment firm, has owned the eight-story luxury apartment community since 2019, purchasing it for $107,625,000.
Under the new ownership, The Hermitage, named after an art museum in St. Petersburg, is now rebranded as Windsor Central Arts.
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