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The Grove at Wesley Chapel sells for a reported $62.7 million

Mishorim-Gold Properties acquired the Grove at Wesley Chapel, a 471,279-square-foot retail center in the Tampa-area community of Wesley Chapel. The sales price was reported as $62.7 million. The property also includes an additional 114 acres of land for development. Located at the interchange of I-75 and Wesley Chapel Road., the retail center is home to a tenant roster that includes Cost Plus World Market, Bed Bath & Beyond, Ulta Beauty, Dick’s Sporting Goods, T.J.Maxx, Ross Dress for Less, Old Navy, PetSmart, Best Buy, Dollar Tree, Michaels and Cobb Theatre. Daniel Finkle, Luis Castillo and Eric Williams of JLL’s Reatil Capital Markets team represented the seller, real estate investment manager Barings, in the transaction.
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