Robert Forsythe Of Third Lake Partners Acquires Westshore Plaza Retail In Tampa For $135M

The WestShore Plaza mall, a retail asset located at 250 Westshore Plaza in Tampa, FL, consists of 1,100,000 square feet and spans 54 acres. The property was sold for $135,000,000, translating to approximately $123 per square foot. Originally built in 1967, it is intended for mixed-use redevelopment that will include residential, retail, office, hospitality, dining, and entertainment facilities.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $135,000,000
• Square Footage: 1,100,000 SF
• Price Per Square Foot: $123
• Buyer: Robert Forsythe - Third Lake Partners
• Seller: Christopher Conlon - WPG Inc
• Date of Sale: 07/21/2026
• Market: Tampa, FL
• Acres: 54
• Seller's Representative: CBRE

This transaction involved Robert Forsythe representing Third Lake Partners as the buyer and Christopher Conlon representing WPG Inc as the seller. The redevelopment plans for the property indicate a significant transformation in its existing use, focusing on a mix of various sectors intended to enhance the site's utility and appeal.