Hachems buy Bay View Plaza

ST. PETERSBURG -- Hachem Investments Inc. purchased Bay View Plaza in St. Petersburg from Springfield Crossing LLC.

While a purchase price has not yet been published in public records, the property had been listed for $5.2 million. The buyers chose not to disclose the price in a release announcing the deal.

Built in 1990, the shopping center at 11100 4th St. N. offers 78,781 square feet of retail space. The Plaza was 93% occupied at the time of sale, with 14 tenants.