Plaza Advisors Brokers $4.7 Million Sale of Retail Center in St. Petersburg, Florida

St. Petersburg, Fla. — Plaza Advisors has brokered the $4.7 million sale of Bay Pines, a 9,110-square-foot retail center located in St. Petersburg. The property serves as an outparcel to a Walmart Supercenter and was 85 percent leased at the time of sale. Tenants at the property include Starbucks Coffee, Supercuts and Jimmy Johns. Jeff Berkezchuk and Jim Michalak of Plaza Advisors represented the seller, Kitson & Partners, in the transaction. The buyer was an undisclosed REIT.