Make us your home page

University Collection shopping center in Tampa bought for $18.4 million

The University Collection, a 107,198-square-foot retail center along Fowler Avenue in Tampa, has sold for $18.4 million.

The sale, which closed on May 24, did not include the Sweetbay Supermarket that anchors the site.

Built in 1984, the shopping center is about 80 percent leased with retail and restaurant tenants that include Dollar Tree, Pet Supermarket, Chili's, Tijuana Flats, Five Guys Burgers and Fries, Firehouse Subs, Jason's Deli, Mattress One and FedEx Office.

The buyer was an institutional commercial real estate investment fund managed by Faison, based in Charlotte, N.C. It purchased the site from a joint venture partnership, which paid $23.1 million for the center in 2006, according to Hillsborough County property records.

The Shopping Center Group, a retail real estate advisory company, brokered the deal.

* * *

This article has been revised to reflect the following correction: The center was purchased by an investment fund managed by Faison, a real estate investment company. A different buyer was listed.

University Collection shopping center in Tampa bought for $18.4 million 06/25/13 [Last modified: Wednesday, June 26, 2013 12:49pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Tampa is 15th-most popular city to move to with U-Haul


    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall


    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages


    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel


    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.