BELLEAIR BLUFFS, FLA. — JLL has negotiated the sale of Belleair Bazaar, a 38,874-square-foot, unanchored retail strip center located at 2979 W. Bay Drive in Belleair Bluffs, a suburb of Tampa in Pinellas County. The property features 29,603 square feet of retail space and 9,271 square feet of second-story office space.
Jorge Portela, Danny Finkle and Kim Flores of JLL represented the seller, Cardinal Point Management LLC, in the transaction. The buyer was Shannon Waltchack LLC, a retail real estate investment and management firm based in Birmingham, Ala. The sales price was not disclosed.
Renovated and repositioned in 2020, Belleair Bazaar’s retail component was 96 percent leased at the time of sale to tenants including Bonefish Grill, Cold Stone Creamery, State Farm and Maggie Mae’s.