Albany Road Real Estate Partners Acquires Retail Asset From Tavaco Properties For $17.55M

The property asset involved in this transaction is located at 9225-9350 Bay Plaza Boulevard in the Tampa market. The retail asset features a total square footage of 186,239 and was sold for a transaction amount of $17,550,000, resulting in a price per square foot of $94.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $17,550,000
• Address: 9225-9350 Bay Plaza Boulevard
• Market: Tampa
• Square Footage: 186,239
• Price Per Square Foot: $94
• Buyer: Albany Road Real Estate Partners
• Seller: Tavaco Properties
• Brokers: Douglas K. Mandel, Zach Levine & James Defusto - Marcus & Millichap

This transaction involved Albany Road Real Estate Partners as the buyer, while Tavaco Properties acted as the seller. The deal was brokered by Douglas K. Mandel, Zach Levine, and James Defusto from Marcus & Millichap, highlighting the expertise of these professionals in facilitating the transaction.