{"id":1004381213,"date":"2020-01-10T11:11:54","date_gmt":"2020-01-10T19:11:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004381213"},"modified":"2020-01-10T11:11:54","modified_gmt":"2020-01-10T19:11:54","slug":"tampa-shopping-center-trades-for-10m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tampa-shopping-center-trades-for-10m\/","title":{"rendered":"Tampa Shopping Center Trades for $10M"},"content":{"rendered":"
\"Holiday<\/a>

Holiday Centre. Image courtesy of Aztec Group Inc.<\/em><\/p><\/div>\n

Miami-based CF Properties Corp. has sold Holiday Centre, a 67,147-square-foot Publix-anchored shopping center in Holiday, Fla., in a 1031 exchange. A private individual paid $9.7 million for the retail asset that was fully leased at the time of sale. GLT Group Brokerage represented the seller and procured the buyer in the off-market transaction.<\/p>\n

The property last traded in 2007, when CF Properties purchased it for $8.5 million. In 2017, the ownership refinanced the shopping center<\/a> with a $6.7 million loan from BankUnited through Aztec Group Inc.<\/p>\n

Situated at 4637-4701 Sunray Drive, the retail asset is 1 mile north of the city center, near the road\u2019s intersection with U.S. Highway 19. The 7.2-acre property is also 3 miles north of downtown Tarpon Springs, an important tourist destination.<\/p>\n

Built in 1994, the shopping center has Planet Fitness and Verizon Wireless as major tenants. Holiday Centre serves a population of more than 140,000 residents living within a 5-mile radius, with an average household income of more than $60,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

CF Properties Corp. sold the Publix-anchored property in a 1031 exchange. <\/p>\n","protected":false},"author":870,"featured_media":1004200692,"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":[33536,34272,38357,40668,33964],"class_list":["post-1004381213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-tampa","tag-1031-exchange","tag-aztec-group-inc","tag-bankunited","tag-direct-1031-exchange","tag-publix"],"acf":[],"yoast_head":"\nTampa Shopping Center Trades for $10M - 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-shopping-center-trades-for-10m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tampa Shopping Center Trades for $10M\" \/>\n<meta property=\"og:description\" content=\"CF Properties Corp. sold the Publix-anchored property in a 1031 exchange.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tampa-shopping-center-trades-for-10m\/\" \/>\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=\"2020-01-10T19:11:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Holiday-Centre.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\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\/tampa-shopping-center-trades-for-10m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/tampa-shopping-center-trades-for-10m\/\",\"name\":\"Tampa Shopping Center Trades for $10M - 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