HFF Arranges $7.7 Million Sale of LA Fitness-Anchored Retail Center in Central Florida

Tampa, Fla. — HFF has arranged the $7.7 million sale of Northwest Plaza, an LA Fitness-anchored shopping center in Tampa, Florida.

Acre Investment Co. LLC purchased the 46,904-square-foot center. Brad Peterson, Whitaker Leonhardt and Michael Brewster of HFF represented the seller, a subsidiary of Cole Corporate Income Trust IV Inc., in the transaction. The property was 94.2 percent leased at the time of the sale to tenants including DNC Supplements, LaLa Nails & Salon and JJ Smoothy.