Central Park Plaza

Plaza Advisors Brokers Sale of 47,653-Square-Foot Shopping Center in Largo, Florida

by Abby Cox

Largo, Fla. — Plaza Advisors has brokered the sale of Central Park Plaza, a 47,653-square-foot shopping center located in Largo, roughly 23 miles northeast of Tampa. Tenants at the property, which was 95 percent leased at the time of sale, include NAPA Auto Parts, Rent-A-Center, Boost Mobile and AMA Medical Group.

An affiliate of Fortune Commercial Management doing business as Central Park Largo LLC  purchased the property for $5.6 million, with SouthState Bank providing a $3.7 million acquisition loan. Jeff Berkezchuk and Jim Michalak of Plaza Advisors represented the undisclosed seller in the transaction.

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