Three retail buildings on Central Avenue sell in downtown St. Pete’s EDGE District
/Three mixed-use retail properties along the 1100 block of Central Avenue in the EDGE District are now under new ownership.
Dallas, Texas-based investment firm 90Ten has acquired properties directly adjacent to the Moxy Hotel, including the three-story building at 1110 Central Avenue, the two-story building at 1122–1128 Central Avenue, and 1114 Central Avenue, which is currently leased to Sweetgreen.
90Ten purchased the properties for $10 million.
CBRE’s James Garner and Jim Shiebler represented the seller, PTM Partners, in the transaction.
The Central Avenue block acquisition is part of the EDGE Collective, a multi-phased walkable mixed-use that includes the Moxy Hotel, the office and retail building, and a second phase that includes a 20-story luxury apartment building and additional retail.
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Golden Corral is returning to Pinellas County with plans for its first St. Pete restaurant inside the former Hooters at Tyrone Square Mall.
The popular American all-you-eat buffet chain will open at 2250 Tyrone Boulevard, according to plans submitted to the City of St. Petersburg. An opening date has not yet been announced.
The 8,105-square-foot restaurant will take over the building where Hooters operated for 15 years, from 2006 until late 2021. At the time, the chain cited changes in shopping habits and declining mall foot traffic in announcing the closure.
The new Golden Corral will be operated by franchisee Britt Guyer, who owns Golden Corral restaurants in Winter Haven and downtown Tampa. Guyer was not immediately available for comment.