TAMPA FESTIVAL CENTRE SOLD FOR $6.62 MILLION
TAMPA, FLA. — Urban America of New York has sold the 131,278-square-foot Tampa Festival Centre to Tampa-based Forge Capital Partners for $6.62 million. Spanning 19 acres of land, the shopping center is 93 percent leased and is located at 2525 E. Hillsborough Ave. in Tampa. Save Rite, Family Dollar, Citi Trends and Simply Fashions anchor the center, which also includes a Burger King and two pad sites. Michelle Seifert and Josh Tarkow of Orlando, Fla.-based Grubb & Ellis|Commercial Florida represented the seller.