TAMPA, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Tampa Plaza, (top right photo) a 150,210-square foot Kmart anchored shopping center located in Tampa, Florida, according to Steven M. Ekovich, First Vice President/Regional Manager of the firm’s Tampa office.The asset commanded a sales price of $4,412,000. Les Aron (bottom left photo) and David Goldstein, Vice Presidents, Investments and Dan Wolf, Investment Specialist in Marcus & Millichap’s Tampa office represented both the seller, a private investor based out of Minnesota, and the buyer, a Limited Liability Company (LLC), out of New York in this transaction.
“The center sits on over sixteen acres of very desirable retail property in Tampa, a key component to the future development plans of the buyer. The out-of-town seller has owned the property since the early nineties. The sale demonstrates the continued strong demand for reasonably priced F
lorida commercial real estate despite the economic downturn,” says Wolf.
Located at 8303 N. Florida Avenue in Tampa, Florida, this 150,210-square foot shopping strip was built in 1968.
“The center sits on over sixteen acres of very desirable retail property in Tampa, a key component to the future development plans of the buyer. The out-of-town seller has owned the property since the early nineties. The sale demonstrates the continued strong demand for reasonably priced F
lorida commercial real estate despite the economic downturn,” says Wolf.Located at 8303 N. Florida Avenue in Tampa, Florida, this 150,210-square foot shopping strip was built in 1968.
Press Contact: Steven M. Ekovich, First Vice President/Regional Manager, Tampa(813) 387-4700
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