CenterSquare Acquires Tampa-Based Essential Service Retail Property – Park Avenue Plaza

August 2023

August 28, 2023 – We are pleased to share our latest Essential Service Retail acquisition on Florida’s Gulf Coast, Park Avenue Plaza. The Property is located in Tampa, which boasts high median incomes and a growing population. The two-building 36,000 square foot center features a balanced mix of local and national tenants including Buffalo Wild Wings and local favorite Beachwood Seafood Kitchen & Bar.

Park Avenue Plaza sits in close proximity to the Tampa International Airport. The Property maintains excellent visibility and is situated along Tampa Rd, a major throughfare in the area which sees an average of 57,500 vehicles per day.

CenterSquare intends to revitalize the Property through planned upgrades to the façade, a fresh paint scheme, roof replacement and an updated pylon sign. These improvements will modernize the Property and position it to best meet the needs of visitors and tenants alike. Park Avenue Plaza marks CenterSquare’s 7th Essential Service Retail acquisition in Florida, and 36th nationally.