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.

SIGN UP FOR TBBW’S FREE NEWSLETTER

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.

Stay Connected

Sign up for TBBW’s newsletter

Follow TBBW on social media

Read more TBBW stories

You May Also Like
Fifth Third opens its 200th Florida branch as growth shifts south

Fifth Third’s 200th Florida branch marks a major step in the bank’s Southeast expansion and its promise to build where growth is strongest.

Read More
Modern exterior of a Fifth Third Bank branch with glass walls, green accents and a bright blue sky.
The state of Tampa’s economy in 2025

Tampa ended 2025 with record tourism, strong job growth and major investment across key sectors, setting the stage for what comes next in 2026.

Read More
Downtown Tampa skyline with office towers and residential buildings along the Hillsborough River under a bright blue sky.
Dallas firm buys Westshore’s 1 North Dale Mabry, plans $4M upgrade

A Dallas investment firm has bought Tampa’s 1 North Dale Mabry office tower and plans $4M in upgrades.

Read More
Exterior view of 1 North Dale Mabry, a 13-story Class A office tower in Tampa’s Westshore district
400 Central clears inspections, begins move-ins in downtown St. Pete

400 Central has cleared city inspections and is ready to welcome its first residents to downtown St. Pete.

Read More
A nighttime aerial view of downtown St. Petersburg with the 400 Central tower lit up at the center of the skyline.
Other Posts
Is Trump’s proposed 50-Year mortgage all it’s cracked up to be?

A new 50 year mortgage could open doors for buyers but also raise prices and increase long term risk.

Read More
Composite image showing former President Donald Trump next to a suburban home with rooftop solar panels and a backyard pool.
New platform links Tampa Bay donors to nonprofits losing funding

Nonprofits across Tampa Bay are facing a squeeze. Federal programs are cutting grants. State budgets are tightening. Hillsborough County is preparing to phase out many recurring local grants. At the

Read More
Charity Bridge Fund logo featuring three stylized bridge arches in blue, orange and light blue above the organization’s name.
Port Tampa Bay adds 2 new cranes from Ireland as Vision 2030 expands

Port Tampa Bay is adding two new cranes built in Ireland to support its Vision 2030 terminal expansion.

Read More
A container ship loaded with stacked refrigerated containers is berthed under green Liebherr ship-to-shore cranes at a modern cargo terminal.
New Chicken Salad Chick opening in Parrish on Dec. 16

Chicken Salad Chick opens in Parrish on Dec. 16 with giveaways and continued growth across Manatee County.

Read More
Three containers of Chicken Salad Chick’s signature chicken salad flavors arranged on a kitchen counter with crackers.