NAI Realvest Negotiates Two Retail Property Sales in Tampa -- $1,775,000 for Adjacent Sites to be Redeveloped
TAMPA, Fla. – NAI Realvest recently represented separate sellers in the assemblage and sale of two adjacent retail properties located in the Town N’ Country submarket of Tampa. Both were sold to Hills & Kelly, LLC, an affiliate of RMC Property Group, for a total of $1,775,000.00.
The brokerage team of Jeffrey Tanner and Kimberly Manson, investment and retail specialists at NAI Realvest, represented Richard S. Cohen, Trustee in the $975,000 sale of a 0.62-acre site at 7534 Hillsborough Ave. The team also represented Atlanta-based Thomas Family Group, LLC in the $800,000 sale of an adjoining 0.38-acre site at 5323 Kelly Rd.
Assisted by the consulting efforts of Tanner and Manson, the buyer purchased another adjacent property to complete the assemblage. The buyer has plans to demolish all existing improvements and redevelop the site into a single use property.