South American Investors Target Tampa

TAMPA, FL—For all the talk of South American dollars flowing into Miami, the Tampa Bay area is vying for its share of these foreign investors. And a retail center in Spring Hill, a city in Hernando County that’s part of the Tampa Bay Metropolitan Statistic Area, found favor with South American buyers.

The Shoppes of Spring Hill, a 10,880-square-foot class A retail center located at 1859 Commercial Way in Spring Hill, sold for $4 million. A private South American investor acquired the property from the original developer, Gulfstream Spring Hill. CBRE represented the seller.