TEMPLE TERRACE, FL-The Terrace Oaks Plaza shopping center here has been sold to a Canadian-based partnership for $5.4 million.
The 40,659-square-foot facility traded for $133 a square foot, according to the Tampa Bay Business Journal.
James Medefind and Patrick Whitney of Marcus & Millichap Real Estate Investment Services marketed the property on behalf of the seller, a private investor. Shapes Fitness and Bright House Networks are among the tenants at the shopping center that at the time of sale had just 1,278 square feet of space available. See story in the Tampa Bay Business Journal.
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