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Sprouts-Anchored Retail Center in South Tampa Trades for $18 Million

Newport Beach, California-based investor United American Properties purchased a Sprouts Farmers Market-anchored retail center in south Tampa, Florida from locally-based Wagner Property Group for $ 18 million, or about $ 496 per square foot. The retail center, dubbed The Plaza at Estrella, was recently built in 2017 at 1523-1531 S. Dale Mabry Highway, located about […]

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Central Florida Retail Outperforms National Trends

Spurred by highly publicized store closings of national chains like Toys R Us and Sears, the retail sector has received a lot of attention and analysis regarding its impending “apocalypse.” A quick look at central Florida’s market fundamentals, however, wouldn’t support such gloom and doom. In Tampa and Orla Tampa/St. Petersburg Commercial Real Estate News […]

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Central Florida Retail Continues to Outperform National Trends

Spurred by highly-publicized store closings of national chains like Toys R Us and Sears, the retail sector has received a lot of attention and analysis regarding its impending ‘apocalypse.’ A quick look at Central Florida’s market fundamentals, however, wouldn’t support such gloom and doom. In Tampa and Orla Tampa/St. Petersburg Commercial Real Estate News From […]

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Franklin Street Retail Brokerage Team Expands

Jordan Stephens (pictured, left) and Anthony Suarez, associates with Franklin Street. Franklin Street, a commercial real estate brokerage firm based out of Tampa, FL, boosted its retail brokerage team with the hiring of Jordan Stephens and Anthony Suarez. Stephens was hired as a leasing associate and will assist clients in marketing/advertising retail properties to tenants, […]

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RETAIL NEWS SERIES: Flurry of Dept. Store Closures Forcing Mall Owners to Adapt, Reinvest or Die

Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor Closures In this two-part news report by Senior Editor Mark Heschmeyer, CoStar analyzed the stores being closed by the thr […]

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