{"id":1004197680,"date":"2017-11-21T02:57:52","date_gmt":"2017-11-21T10:57:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004197680"},"modified":"2022-12-09T00:34:33","modified_gmt":"2022-12-09T08:34:33","slug":"tampa-area-shopping-center-trades-for-7m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/","title":{"rendered":"Tampa-Area Shopping Center Trades for $7M"},"content":{"rendered":"<p>By Laura Calugar<\/p>\n<div id=\"attachment_1004197681\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004197681\" data-attachment-id=\"1004197681\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/eastside-village\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\" data-orig-size=\"830,622\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Eastside Village\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg?w=830\" class=\"wp-image-1004197681 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\" alt=\"The Eastside Village in Lakeland, Fla.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg 830w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004197681\" class=\"wp-caption-text\">The Eastside Village in Lakeland, Fla.<\/p><\/div>\n<p>Aztec Group Inc. has facilitated the sale of Eastside Village Center in Lakeland, Fla., for $7 million and arranged a $5 million acquisition loan on behalf of the buyer, Miami-based CF Properties. Financing terms included a 65 percent loan-to-value ratio, fixed rate, non-recourse 10-year term and 25-year amortization schedule. Aztec Group also represented the seller, an affiliate of Brandywine Financial. \u00a0<\/p>\n<p>Eastside Village is located at the northeast corner of US Highway 92 E. and County Road 33A and\u00a0is also close to of Interstate 4, the area\u2019s major east-west roadway. The 76,250-square-foot neighborhood shopping center is currently fully leased to national and regional retailers, including Winn-Dixie, Dollar Tree, Subway, Rent King, Eckerd Drugs, Blockbuster Video and a Chinese buffet restaurant.<\/p>\n<p><em>\u201cThe property\u2019s geographically synergistic location with their existing portfolio, stabilized occupancy history and value-add opportunity made Eastside an ideal acquisition,\u201d<\/em> said Aztec Group Executive Vice President Charles Penan, in prepared remarks. \u00a0<\/p>\n<p>Penan, Senior Managing Director Howard Taft and Senior Financial Analyst Joel Zusman were all part of the <a href=\"https:\/\/www.commercialsearch.com\/news\/charles-penan-moves-up-the-ladder-at-aztec-group\/\">Aztec team<\/a> that brokered the deal.<\/p>\n<p><em>Image courtesy of Aztec Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aztec Group brokered the sale of Eastside Village Center in Lakeland, Fla. The firm represented both the seller, an affiliate of Brandywine Financial, and the buyer, CF Properties.  <\/p>\n","protected":false},"author":238,"featured_media":1004197681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21742,21749,1612],"tags":[34272,34273,35107],"class_list":["post-1004197680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-latest","category-retail","category-tampa","tag-aztec-group-inc","tag-charles-penan","tag-dollar-tree-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tampa-Area Shopping Center Trades for $7M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tampa-Area Shopping Center Trades for $7M\" \/>\n<meta property=\"og:description\" content=\"Aztec Group brokered the sale of Eastside Village Center in Lakeland, Fla. The firm represented both the seller, an affiliate of Brandywine Financial, and the buyer, CF Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-21T10:57:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:34:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"830\" \/>\n\t<meta property=\"og:image:height\" content=\"622\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/\",\"name\":\"Tampa-Area Shopping Center Trades for $7M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\",\"datePublished\":\"2017-11-21T10:57:52+00:00\",\"dateModified\":\"2022-12-09T08:34:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eastside-Village.jpg\",\"width\":830,\"height\":622},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tampa-area-shopping-center-trades-for-7m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tampa-Area Shopping Center Trades for $7M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\",\"name\":\"Laura Valean\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"caption\":\"Laura Valean\"},\"description\":\"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. 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