Top Tampa retail center sells for $24.94M

Westchase Town Center has sold for $24.94M in a major Tampa retail deal.

Westchase Town Center, a 58,000-square-foot lifestyle center in Tampa, has been sold for $24.94 million.

Developer Alan Charron announced the transaction after nearly 20 years of owning and developing the property into one of North Tampa’s most successful retail destinations.

The center sits at 9524 W Linebaugh Avenue and is home to tenants that include World of Beer, F45 Training, RE/MAX, The Grind, Anytime Fitness and Woof Gang Bakery & Grooming.

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What we know

Alan Charron purchased the site in 2004 and developed Westchase Town Center from the ground up as part of the Westchase master-planned community.

Over the course of two decades, he built the center into a high-performing retail hub, characterized by strong tenant retention and steady consumer traffic.

READ: Luxury meets demand: Tampa’s $675M Hotel ORA surges past $200M in sales

The sale was brokered by the Thedford Cannan Group of Marcus & Millichap, which represented the buyer. Bill Smith of Real Property Specialists represented the seller.

Charron said the project is one of the developments he is most proud of because it supports local businesses and serves as a long-standing neighborhood anchor.

What now?

The sale comes as Charron shifts attention toward new developments across Central Florida. His next project, Sails of Trelago, is under construction in Maitland and is designed to set a new standard for upscale retail in the region.

The project will feature restaurants, retailers and experiential spaces built around walkability and coastal-inspired architecture.

As Tampa Bay and Orlando continue to draw sustained population growth, high-quality retail destinations are seeing stronger investor interest. Deals like this one suggest continued confidence in suburban town center models that combine food, fitness and community uses.

What this means for you:

  • For commercial real estate professionals:
    • This transaction shows the market remains strong for well-located, walkable retail centers that offer stable tenants and community value. Investors continue to seek high-barrier-to-entry assets in growing suburban markets.

READ: National design-build firm announces East Coast hub in Tampa

  • For business owners:
    • Retailers and service-based businesses may find increasing opportunity in town center environments that have steady foot traffic and a built-in residential base. As developers focus on walkability and tenant mix, these centers can offer more stable environments than traditional strip centers.
  • For Tampa Bay residents:
    • The sale signals continued investment in the Westchase area and suggests that the neighborhood’s retail core is positioned for long-term vitality.

What you can do

If you are a business owner or commercial investor:

  • Evaluate whether town center style properties align with your long-term goals.
  • Review local market reports for Westchase and Northwest Hillsborough County.
  • Follow updates on Sails of Trelago if you are exploring opportunities in Central Florida

If you are a developer:

  • Study the success of walkable suburban retail models in Tampa and Orlando.
  • Track population and income growth patterns that may support similar projects.

Takeaway

The sale of Westchase Town Center underscores the strength of Tampa’s suburban retail market and signals continued demand for mixed-use centers that prioritize community and convenience.

As Charron moves ahead with new projects in Central Florida, the region’s retail landscape is set for another period of growth.

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