Loading
Tampa investors buy Columbus Plaza
BUYER: Columbus Plaza Inc. (principals: Sam and Laurice Hachem), Tampa
SELLER: Columbus Plaza Fee Associates LP
PROPERTY: 5028 E. Columbus Drive and 5050 E. 10th Ave., Tampa
PRICE: $2.8 million
PREVIOUS PRICE: $1.16 million, April 1993
TILE FIRM ON DEED: Fidelity National Title, Tampa
PLANS, DESCRIPTION: Tampa investors Sam and Laurice Hachem purchased the 119,502-square-foot Columbus Plaza shopping center for $2.8 million. The purchase price equated to $23 per square foot. A Sweetbay and Family Dollar anchor the two-building center.
“A brand new Bank of America office building moved in and opened in November or December,” Laurice Hachem says. “It's in a very good location. About 30% of the center is still available for lease. The sellers were out of state and tried to manage it remotely. They just let the property sit empty with a phone number for people to call if they were interested.”
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
