Money comes to those who wait


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  • | 10:00 a.m. April 10, 2015
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There's patient money, and then there's really patient money.

For nearly 50 years, the Austin family has kept a tight hold on the original anchor of Tampa's Westshore district, the 300,000-square-foot Austin Center built in 1967.
That hold has paid off.

Beverly Austin, the widow of original Westshore developer Al Austin, finally parted ways with the five buildings along Westshore Boulevard: She sold the property to Redstone Investments April 6 for $28.5 million, according to property records.

 

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