South Florida group sweet on South Tampa deals

A South Florida group that just made its first buy in the Tampa Bay market is actively looking for more deals in South Tampa.

Rosemurgy Properties, based in Deerfield Beach, paid $10.55 million for Shops on South Howard, the Chipotle Mexican Grill-anchored center at 533 S. Howard Ave.

The sales price breaks down to $483 per square foot. With a dense, affluent population, South Tampa is a desirable market for investors, developers, restaurants and retailers.

Shops on South Howard is surrounded… …read more