San Diego trust buys Florida Avenue Pep Boys


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  • | 7:02 a.m. April 5, 2013
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  • Tampa Bay-Lakeland
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BUYER: KT PB Tampa LLC (The Kazedmzadeh Trust), San Diego
SELLER: Cole PB Portfolio II LP
PROPERTY: 10124 N. Florida Ave., Tampa
PRICE: $2.12 million
PREVIOUS PRICE: $1.93 million, March 2008
LAW FIRM ON DEED: Kutak Rock LLP, Scottsdale, Ariz.

PLANS, DESCRIPTION: The Kazedmzadeh Trust, of San Diego purchased a 22,356-square-foot retail building for $2.12 million.

The price equated to $95 per square foot. That figure is less than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.

 

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