Randy Benderson Of Benderson Development Acquires Clearwater Shoppes From Adam Metz For $28.5M

The asset involved in this transaction is a retail center located at 27001 Us Hwy 19 North in Clearwater, FL. It spans 14.5 acres and has a total square footage of 216,692. The property was sold for a total transaction amount of $28,500,000, translating to a price per square foot of $132.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $28,500,000
• Square Footage: 216,692
• Price Per Square Foot: $132
• Buyer: Randy Benderson - Benderson Development
• Seller: Adam Metz - Seritage Growth Properties
• Broker: JLL
• Market: Clearwater
• Acres: 14.5

Randy Benderson, representing Benderson Development, acquired the property from Adam Metz of Seritage Growth Properties. The transaction was facilitated by the brokerage firm JLL, which handled the deal for both parties involved. The retail center is fully leased, hosting tenants such as Whole Foods, Target, and Nordstrom Rack.