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BUYER: U.S. Juice Holdings LLC (principals: Martin Sinnott and Leonie Grant), Lutz
SELLER: Bruce Demers as personal representative for the Estate of Clyde Race deceased
PROPERTY: 1076 Brandon Blvd., Brandon
PRICE: $4.1 million
PREVIOUS PRICE: $1.85 million, June 2006
TITLE FIRM ON DEED: AnchorTitle Services LLC, Zephyrhills
PLANS, DESCRIPTION: U.S. Juice Holdings LLC, headed by two investors from Ireland — Martin Sinnott and Leonie Grant — purchased the 29,894-square-foot East Pointe Park retail strip center on State Road 60 near Leitner Court for $4.1 million. The purchase price equates to an average of $137 per square foot of building space. Doyle & McGrath Real Estate LLC handled the transaction.
An XFC Mixed Martial Arts Training Center leases the entire 10,000-square-foot top floor. Other tenants include Wizbang Family Arcade, Old West Pizza, Mr. Ray's of Tampa Bay, Golden China, Nails & Spa and Canal Street Discount. The property had 9,000 square feet vacant at the time of the sale.
The plaza is located next to a Wal-Mart Supercenter and Home Depot.
BUYER: Teco Properties Corp. (principals: C.E. Childress, G.L. Gillette, J.B. Ramil and D.E. Schwartz), Tampa
SELLER: Tampa Ashley Block LLC
PROPERTY: 801 N. Ashley Drive, Tampa
PRICE: $2.75 million
PREVIOUS PRICE: $7.5 million, September 2006
LAW FIRM ON DEED: Gardner Law Group PA, Tampa
PLANS, DESCRIPTION: Tampa-based Teco Energy Inc.'s subsidiary, Teco Properties Corp., purchased a 1.02-acre commercial parking lot in the middle of East Cass, North Tampa and East Polk streets and North Ashley Drive for $2.75 million. The property is adjacent to Teco Energy's main headquarters building at 702 N. Franklin St., and the company has leased the lot for the past several years.
“This will just allow us to continue to utilize it,” says Rick Morera, a spokesperson for Teco.
Teco Energy Inc. is an energy-related holding company, which operates the regulated utility operations in Florida Tampa Electric and Peoples Gas System.
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