B&L Investments LLC buys Riverview Bell Plaza Phase II

BUYER: B&L Investments Riverview LLC (principal: Brad Luger and Henry Brenner Jr.), Tampa
SELLER: DD/Riverview II LLC
PROPERTY: 10265 Big Bend Road, Riverview
PRICE: $2.19 million
PREVIOUS PRICE: $3.34 million, March 2005
LAW FIRM ON DEED: Lewis Roca Rochgerber LLP, Phoenix

PLANS, DESCRIPTION: An affiliate of Tampa-based investment group B&L Investments LLC purchased the 12,920-square-foot Riverview Bell Plaza Phase II for $2.19 million.

The price equated to $169 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.