After over 5 1/2 years of ownership, the Chicago-based real estate investment company M&J Wilkow is selling Centro Ybor, the Ybor City entertainment complex.
A press release issued by Colliers International, the company that will now work to sell the 216,315-square-foot property, states that M J Wilkow had a specific plan in mind when it bought the property: Add more office space to the mix, while also focusing on upgrading the quality of the tenants, and focusing on stores and restaurants with the marketing and staying power to succeed.
“The strategy has paid off, and with the retail real estate market improving, it’s an opportune time to sell the property,” said David Harvey, Senior VP of Sales and Acquisitions for M&J Wilkow. “Centro Ybor is well-positioned for continued success.” The company purchased Centro Ybor back in December of 2006.
This article appears in Jul 12-18, 2012.