Weingarten's prepared statement didn't disclose the price paid to Georgia-based Sunset Associates and GlobeSt.com couldn't reach Weingarten officials at publication deadline.
But area brokers intimate with the Tampa/Clearwater market tell GlobeSt.com on condition of anonymity the REIT paid at least $125 per sf or an estimated $34 million for the 29-year-old, 273,000-sf, 100%-leased property.
The acquisition is Weingarten's seventh in Florida, increasing its portfolio in the Sunshine State to 1.5 million sf from 1.2 million sf in September.
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