Grove at Wesley Chapel to expand

New owners plan to nearly triple existing retail space at existing center


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  • | 6:00 a.m. September 27, 2019
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COURTESY PHOTO — MGold Properties and Mishorim Investments plan to invest $150 million to nearly triple the size of the existing Grove at Wesley Chapel retail center north of Tampa.
COURTESY PHOTO — MGold Properties and Mishorim Investments plan to invest $150 million to nearly triple the size of the existing Grove at Wesley Chapel retail center north of Tampa.
  • Commercial Real Estate
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The new owners of the Grove at Wesley Chapel retail center north of Tampa intends to nearly triple the amount of retail space at the 471,279-square-foot property.

Mark Gold, whose MGold Properties teamed with Israeli-based Mishorim Investments to acquire the center for $62.7 million earlier this month, says the duo plans to add as much as 1.3 million square feet of retail and entertainment space and potentially new residences.

 

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