Tuesday, July 16, 2019

Plaza Advisors Brokers Sale of 136,779-SF Clayton Plaza Shopping Center in Brandon, FL


Jim Michalak
BRANDON, FL -- Plaza Advisors is pleased to announce the sale of the Clayton Plaza, located in Brandon, Florida. The 136,779 square foot center is anchored by Office Depot, Tile Shop and Badcock Home Furnishings.

Other notable tenants include BB&T (outparcel), Anytime Fitness, Dollar General, Scott Paint, Greenberg Dental and Rent King. 

The asset was originally constructed in 1964 and remodeled in 2007. The shopping center was 90% occupied at the time of sale.

Clayton Land, LLC was the seller and the original developer. The purchaser was Fondo Atlas LLC, a private equity group based in Coral Springs, FL.



Keith Nurre



Jim Michalak and Keith Nurre, senior analyst, represented the seller. Plaza Advisors was the sole broker involved in the transaction.

“Clayton Plaza is a well-established center located on SR 60 (Brandon Boulevard) featuring more than 72,000 vehicles per day. The asset is a value-add opportunity that is positioned for redevelopment, over a moderate term” noted Michalak.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties throughout the Southeastern United States. Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks. 

 CONTACT:


Jim Michalak
Managing Partner
Plaza Advisors

  3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 1
Fax 831.2627

No comments:

Post a Comment