TAMPA, FL—Granada Plaza, a 74,200-square-foot grocery-anchored retail center in Dunedin, FL, fetched $10.8 million. H&R REIT purchased the retail asset from Odyssey DP I, LLC, an entity affiliated with Lakeland, FL-based Odyssey Diversified Properties.

HFF senior managing director Danny Finkle and director Luis Castillo represented the seller. In total, HFF has closed 19 retail center transactions in 2012.

“Granada Plaza is one of the highest-volume Publix-anchored centers in the Tampa MSA,” Finkle tells GlobeSt.com. “The opportunity to acquire an established grocery-anchored center in a densely populated market is increasingly rare and should make for an excellent investment for H&R REIT.”