The Real Deal Miami

Tampa-area shopping center sells for $18 million

Sleiman Enterprises acquired the Publix-anchored property for about $267 per square foot
August 12, 2017 03:00PM

Jacksonville-based Sleiman Enterprises bought its first Tampa-area shopping center for $18 million.

Sleiman acquired the Shoppes at Trinity Lakes in the town of Trinity for about $267 per square foot.

Built in 2016, the 67,334-square-foot shopping center in Pasco County has a 96 percent occupancy rate.

Publix is the anchor tenant at the Shoppes at Trinity Lakes, which has 411 parking spaces. Other tenants include GNC, Hair Cuttery, Heartland Dental, Mathnasium, Moe’s Southwest Grill, Nail Dior and Orangetheory Fitness.

The shopping center is located on a 12.96-acre site. Sleiman has the option to build on a 3,000-square-foot section of the site with frontage on State Road 54.

Sleiman, founded in 1955, manages more than 100 shopping centers in Florida and southeast Georgia.