A local investor has secured full corner ownership at one of West Tampa’s most prominent intersections, reinforcing growing demand for land-constrained urban retail areas.
Avison Young arranged the $2.6M sale of an 18,600 square foot retail and office building at 2700 N MacDill Avenue on behalf of the buyer, Landmarc Realty.
The transaction marks Landmarc’s second acquisition on the block this year, following its purchase of Fountain Plaza at 2800 N MacDill Avenue.
Together, the two properties give Landmarc control of a 3.12-acre corner totaling more than 43,000 combined square feet at the intersection of MacDill Avenue and Columbus Drive.
It is the first time the 2700 N MacDill building has traded hands since it was developed in the early 1980s and represents the final sale within the McDill Columbus portfolio.
“This positions our client for long-term value creation and future strategic redevelopment,” said Nick Mastro, associate at Avison Young, who represented the buyer in the off-market transaction. “Assembled corners of this scale in West Tampa rarely trade.”
The property is currently 91% occupied. Mastro has also been retained to lease the building. Jeffrey Cotter of Absolute Investment & Realty Services represented the seller, McDill Columbus Corporation.
The acquisition reflects sustained investor interest along Tampa’s established commercial corridors, where limited supply and neighborhood revitalization continue to attract capital.
West Tampa has emerged as a focal point for adaptive reuse and neighborhood retail, as population growth and infill development tighten the availability of sites.
Landmarc’s assembly of the full corner underscores a broader strategy seen across Tampa Bay, where investors are prioritizing scale, control and long-term optionality over standalone acquisitions.
Why it matters
As core urban land becomes harder to assemble, full block and corner ownership offers strategic flexibility that smaller parcels cannot. Deals like this signal where patient capital is positioning for the next phase of neighborhood growth.