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  • Tampa-Area Retail Sells for $29M

    Retail Value Inc. traded the grocery-anchored retail center located in Plant City, Fla. approximately 25 miles from downtown Tampa. HFF arranged the sale on behalf of the seller.

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    The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.

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    The industrial facility provides immediate access to interstates 70 and 635 and represents the third national location for the tenant. The landlord is BH Properties.

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