Colliers Brokers $9.1 Million Sale of Two Tampa Bay Shopping Centers

Ruskin and Largo, Fla. – Mike Milano and Ron Schultz represented the sellers in the transactions.

Ruskin and Largo, Fla. – Colliers International has arranged the sale of two shopping centers in the Tampa Bay area. Sun Point Shopping Center, located at 3040 E. College Ave. in Ruskin, sold for $7.3 million. The 132,374-square-foot shopping center was 80 percent leased to Goodwill, Big Lots and the Hillsborough County Tax Collector at the time of the sale. Sun Point SDC LLC purchased the asset from an undisclosed seller. Mike Milano, Ron Schultz and John Crotty of Colliers International represented the seller in the transaction. East Bay Junction Shopping Center, located at 2480 E. Bay Drive in Largo, sold for $1.8 million. The 56,668-square-foot property was 50 percent leased at the time of the sale to Youfit Health Club, along with a hair and nail salon. MBW Investors LLC purchased the center from CRI Plaza I LLC. Milano and Schultz represented the seller in the transaction.

 

 John Nelson

 

 

 

More News