JLL Arranges Sale of Open-Air Retail Center in Land O’ Lakes, Florida
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. Tampa centers continue to benefit from limited new supply and a tenant mix tilted toward services and necessity uses that have proven recession-resilient. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- The ninth Tampa story tracked on the wire in August 2026. All Tampa coverage →
- Disclosed retail deal value tracked in August 2026: $2B across 85 reported transactions. All Retail coverage →
- 176 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
LAND O’ LAKES, FLA. — JLL has arranged the sale of The Hub at Bexley, an open-air retail center located at 16954 Focus Loop in Land O’Lakes, about 20 miles north of Tampa. Jorge Portela, Danny Finkle and Jacob Wise of…
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