TAMPA-Horizon Park Shopping Center has traded for $18.9 million. The center offers 215,713 square feet of gross leasable retail space and is anchored by Babies R' Us, Northern Tool and Equipment, Office Depot, Save A Lot and Guitar Center.
Plaza Advisors exclusively represented the seller, an entity affiliated with Phillips Edison and Co. Plaza Advisors co-managing partners Anthony Blanco and Jim Michalak, together with senior associate Lenard Williams were involved in the engagement. The buyer was an entity affiliated with Forge Capital Partners.
Located Hillsborough Avenue, immediately west of Dale Mabry Highway, Horizon Park Shopping Center is 91% leased. The asset was constructed in 1971 and renovated in both 1980 and 1988.
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