A South Pasadena procuring middle anchored by a Walmart Neighborhood Market has offered to a New York actual property funding agency for $32.6 million.
The South Pasadena Purchasing Middle at 6818 Gulfport Blvd. S, close to the nook of Gulfport Boulvevard S and Pasadena Ave. S, offered earlier this month to a restricted legal responsibility company referred to as South Pasadena R2G LLC, representing New York’s RPT Realty, which owns dozens of procuring facilities nationwide.
Earlier house owners Department Properties, primarily based in Atlanta, paid $26.1 million for the property in 2018, in accordance with Pinellas County property data.
The 165,746-square-foot procuring middle has greater than 30 tenants, together with Ace {Hardware}, CVS and Anytime Health.
“Positioned in some of the densely populated areas in Florida, the procuring middle has lengthy served as a staple for the encompassing neighborhood and can proceed to be a spot the place a various tenant lineup can thrive,” Department chief data officer Jesse Shannon stated in an announcement.
RPT Realty operates about 50 procuring facilities nationwide. Amongst its 14 in Florida are facilities in Clearwater, Land O’ Lakes and Lakeland.