TAMPA, FL—Van Dyke Commons, a 139,347-square-foot retail center in the Tampa submarket of Lutz, FL, has traded for $30M. iStar Financial sold the asset unencumbered to Prestige Properties & Development.
Built in 2007, the retailcenter is 100% leased and includes a 0.88-acre undeveloped outparcel. The retail center is anchored by LA Fitness, HomeGoods, and Golfsmith.
The HFF team representing the seller was led by senior managing director Brad Peterson and director analyst Kim Flores.
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