Buccaneer Square, an Aldi-anchored shopping center in Tampa’s Town ‘n’ Country neighborhood, has sold.
The 103,813-square-foot center traded for $12.7 million.
The Shopping Center Group, which represented the seller, did not disclose the name of the buyer only saying it was an out-of-state investment group. A copy of the deed recorded in Hillsborough County earlier this month identifies the buyer as a Minnesota-based LLC with an Oak Park, California address.
The seller is an LLC tied to the RMC Property Group. County property records show the Tampa company paid $7.2 million for the center in 2019.
Buccaneer Square, which was built in 1970 and renovated in 2000, is on West Hillsborough Avenue at Memorial Highway. The center was 91% occupied when it sold and has a tenant roster that includes Harbor Freight Tools, Boot Barn and Five Below.
TSCG’s investment sales team under Anthony Blanco represented RMC.