(Save the date: RealShare Industrial 2012 comes to The Bankers Club, Miami, December 5 - 6.)

TAMPA, FL—Seminole Mall has a new owner. After three years of negotiations with the lender, Downtown Seminole LLC sold the shopping mall for $14.6 million in a short sale. The mall is 37 years old.

Frank A. Boullosa of FAB Properties—and director of lender services for Ross Realty—brokered the short sale for Downtown Seminole. Seminole Mall LP, an investment group led by North American Development Group, bought the 37-acre shopping mall in Pinellas County.

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