IPA Brokers $12.1 Million Sale of Southwood Shops in Metro Tampa

by Hayden Spiess

Bradenton, Fla. — Marcus & Millichap’s Institutional Property Advisors (IPA) has brokered the $12.1 million sale of Southwood Shops, a 107,697-square-foot shopping center located in the Tampa suburb of Bradenton. Kirk Olson and Drew Kristol of IPA represented the seller, an entity doing business as Bradwood Shopping Center Co. Ltd., and procured the buyer, a Miami-based partnership doing business as Southwood Shops LLC. Built in 1981, Southwood Shops was fully leased at the time of sale to tenants including Winn-Dixie.

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