HFF Arranges $14.35 Million Sale of Two Tampa-Area Shopping Centers

by Katie Sloan

Tampa, Fla. — Holliday Fenoglio Fowler (HFF) has arranged the $7.65 million sale of Northwest Plaza, a 46,904-square-foot shopping center located in Tampa’s Citrus Park area; and the $6.7 million sale of Suncoast Crossing, a 29,289-square-foot shopping center located in the Tampa suburb of Odessa.

Brad Peterson and Whitaker Leonhardt of HFF worked on behalf of the seller, Redstone Investments. Cole Credit Property Trust IV Inc. (CCPT IV) acquired Northwest Plaza and APTT Investments LLC acquired Suncoast Crossing in two separate transactions. VEREIT Inc. worked on behalf of CCPT IV in the purchase of Northwest Plaza. Both centers were fully occupied at the time of sale.

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