{"id":12649,"date":"2025-10-20T17:50:17","date_gmt":"2025-10-20T17:50:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/12649\/"},"modified":"2025-10-20T17:50:17","modified_gmt":"2025-10-20T17:50:17","slug":"inside-the-12-7-million-sale-of-tampas-buccaneer-square","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/12649\/","title":{"rendered":"Inside the $12.7 million sale of Tampa\u2019s Buccaneer Square"},"content":{"rendered":"

TSCG, one of the largest privately owned retail-focused real estate<\/a> firms in the country, has completed the $12.7 million sale of Buccaneer Square, a 103,813-square-foot shopping center at West Hillsborough Avenue and Memorial Highway in Tampa<\/a>. <\/p>\n

Retail traffic drives value<\/p>\n

The deal shows strong demand for grocery-anchored retail centers in Florida and confidence in Tampa\u2019s steady retail<\/a> market.<\/p>\n

The property draws more than 2 million visitors a year and was 91% leased at the time of sale. <\/p>\n

Built in 1970 and renovated in 2000, Buccaneer Square includes national tenants such as Aldi, Harbor Freight Tools, Boot Barn and Five Below. Outparcels with CVS Pharmacy and Chick-fil-A were not part of the sale.<\/p>\n

READ: Jackson\u2019s Bistro on Harbour Island is undergoing a major renovation<\/a><\/p>\n

Team behind the deal<\/p>\n

The investment sales team at TSCG was led by Anthony Blanco, partner and senior managing director. His group represented a private partnership that sold the property to a private, out-of-state buyer. Blanco said the center\u2019s location, strong tenants and steady customer traffic made it a popular listing.<\/p>\n

\u201cBuccaneer Square is a busy retail center on Hillsborough Avenue that serves a large, dense trade area and receives over 2 million visitors every year,\u201d Blanco said. \u201cThose factors led to several offers and a very competitive marketing process.\u201d<\/p>\n

\"BootBoot Barn is one of several national retailers at Buccaneer Square, a 103,813-square-foot shopping center in Tampa recently sold by TSCG for $12.7 million.<\/p>\n

The sales team also included Mallory Silva, marketing coordinator, and Serge Du Lau D\u2019Allemans, financial analyst. Blanco added that grocery-anchored shopping centers in Florida continue to attract attention from investors across the country.<\/p>\n

\u201cCenters like Buccaneer Square, which are well located and have solid tenants, continue to draw strong interest from both institutional and private investors,\u201d he said.<\/p>\n

Retail trends<\/p>\n

The sale reflects a larger trend in retail real estate<\/a>. Investors are favoring shopping centers that focus on daily needs, such as groceries and value retail, instead of lifestyle or luxury developments. These properties have proven more stable and better able to withstand shifts in the economy and online shopping.<\/p>\n

READ: Tampa Bay remembers Doug Martin for more than football<\/a><\/p>\n

\"Exterior<\/p>\n

For Tampa investors, the deal highlights two key points: location still matters most, and a strong mix of tenants can help maintain long-term value. <\/p>\n

Buccaneer Square\u2019s lease improvements and rising traffic helped increase the property\u2019s worth, showing how hands-on management can make a big difference in results.<\/p>\n

About TSCG<\/p>\n

Founded in 1984, TSCG works with property owners, developers and retailers throughout the eastern United States. The firm oversees leasing for more than 800 properties totaling over 60 million square feet and manages more than 14 million square feet of retail space. TSCG also represents more than 560 retailers and restaurants nationwide.<\/p>\n

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Read more TBBW stories<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TSCG, one of the largest privately owned retail-focused real estate firms in the country, has completed the $12.7…\n","protected":false},"author":2,"featured_media":12650,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[11438,5752,385,11439,11440,276,11441,11442,3656,11443,11444,135,11445,137,136,394,11446],"class_list":["post-12649","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-buccaneer-square","tag-commercial-real-estate","tag-featured-business-news","tag-florida-economy","tag-grocery-anchored-centers","tag-hillsborough-county","tag-investor-demand","tag-property-sale","tag-real-estate-trends","tag-retail-development","tag-retail-investment","tag-tampa","tag-tampa-bay-growth","tag-tampa-headlines","tag-tampa-news","tag-tampa-retail","tag-tscg"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/12649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=12649"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/12649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/12650"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=12649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=12649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=12649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}