{"id":1004377283,"date":"2019-12-19T03:13:28","date_gmt":"2019-12-19T11:13:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004377283"},"modified":"2021-05-15T06:02:10","modified_gmt":"2021-05-15T14:02:10","slug":"south-tampa-shopping-center-changes-hands-for-22m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/","title":{"rendered":"South Tampa Shopping Center Changes Hands for $22M"},"content":{"rendered":"
\"Southtown<\/a>

Southtown Center. Image courtesy of Plaza Advisors<\/em><\/p><\/div>\n

An Australia-based fund advised by CenterSquare Investment Management has sold Southtown Center, a 43,669-square-foot retail asset in Tampa, Fla. The asset changed hands one year after trading<\/a> for $19.8 million. Site Centers Corp., an Ohio-based REIT, acquired the property for $22 million, according to the Tampa Bay Business Journal<\/em>. Plaza Advisors\u2019 Jim Michalak and Keith Nurre represented the seller in the deal. <\/p>\n

Situated at 1501 S. Dale Mabry Highway in the South Tampa trade area, Southtown Center is between a Publix store and a Sprouts Farmers Market grocery. The retail asset is 4 miles from the city center, serving a population of roughly 102,000 residents earning an average annual household income of $146,000.<\/p>\n

Built in 1985, Southtown Center has numerous national brands on the tenant roster, such as Moe\u2019s Southwest Grill, Tropical Smoothie, Cold Stone Creamery, Weight Watchers, Massage Envy, Pure Barre, European Wax Center, Burger Monger, Davita and Century 21. The shopping center was fully leased at the time of the sale.<\/p>\n","protected":false},"excerpt":{"rendered":"

An Australian core fund sold the 43,669-square-foot retail asset after one year of ownership.<\/p>\n","protected":false},"author":870,"featured_media":1004377289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749,1612],"tags":[33334,48215],"class_list":["post-1004377283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-tampa","tag-centersquare-investment-management","tag-site-centers-corp"],"acf":[],"yoast_head":"\nSouth Tampa Shopping Center Changes Hands for $22M - 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\/south-tampa-shopping-center-changes-hands-for-22m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Tampa Shopping Center Changes Hands for $22M\" \/>\n<meta property=\"og:description\" content=\"An Australian core fund sold the 43,669-square-foot retail asset after one year of ownership.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/\" \/>\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=\"2019-12-19T11:13:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T14:02:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1068\" \/>\n\t<meta property=\"og:image:height\" content=\"801\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\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\/south-tampa-shopping-center-changes-hands-for-22m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/\",\"name\":\"South Tampa Shopping Center Changes Hands for $22M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg\",\"datePublished\":\"2019-12-19T11:13:28+00:00\",\"dateModified\":\"2021-05-15T14:02:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg\",\"width\":1068,\"height\":801,\"caption\":\"Southtown Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South Tampa Shopping Center Changes Hands for $22M\"}]},{\"@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\/d8680cf55f814fe2742cf94207212af1\",\"name\":\"Adriana Marinescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"caption\":\"Adriana Marinescu\"},\"description\":\"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"South Tampa Shopping Center Changes Hands for $22M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/","og_locale":"en_US","og_type":"article","og_title":"South Tampa Shopping Center Changes Hands for $22M","og_description":"An Australian core fund sold the 43,669-square-foot retail asset after one year of ownership.","og_url":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-12-19T11:13:28+00:00","article_modified_time":"2021-05-15T14:02:10+00:00","og_image":[{"width":1068,"height":801,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg","type":"image\/jpeg"}],"author":"Adriana Marinescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/","url":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/","name":"South Tampa Shopping Center Changes Hands for $22M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg","datePublished":"2019-12-19T11:13:28+00:00","dateModified":"2021-05-15T14:02:10+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg","width":1068,"height":801,"caption":"Southtown Center"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/south-tampa-shopping-center-changes-hands-for-22m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"South Tampa Shopping Center Changes Hands for $22M"}]},{"@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\/d8680cf55f814fe2742cf94207212af1","name":"Adriana Marinescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","caption":"Adriana Marinescu"},"description":"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Southtown-Center-e1576747316971.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004377283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/870"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004377283"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004377283\/revisions"}],"predecessor-version":[{"id":1004533598,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004377283\/revisions\/1004533598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004377289"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004377283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004377283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004377283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}