IRVINE, CA – TNP Strategic Retail Trust, Inc. (the “Company”), a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced the completion of the Company’s 19th acquisition, Bloomingdale Hills, a nearly 13-acre retail center located in the Tampa suburb of Riverview, Florida. Bloomingdale Hills was constructed in 2002 at the intersection of West Bloomingdale Avenue and Providence Road, where approximately 62,500 cars pass each day. The property comprises approximately 78,500 square feet of rentable space, as well as a fully improved, undeveloped land parcel.
The center is anchored by Wal-Mart Neighborhood Market and is 100 percent leased to multiple tenants, including St. Joseph’s Children’s Hospital of Tampa.
“The anchor tenant, Wal-Mart, is signed to a 15-year lease and holds a Standard & Poor’s ‘AA’ credit rating as one of the world’s largest retailers,” said Steve Corea, senior vice president of acquisitions for Thompson National Properties.
Contact:
Jill Swartz
949-485-1552
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