Business & Tech
Clearwater Mall Owner to Sell Public Stock
Boxmor Property Group says it epxects to raise $100 million with an initial public offering.
The owner of Clearwater Mall, at 20505 US Highway 19 North, and 18 other shopping centers in the Tampa Bay area is about to go public.
Brixmor Property Group expects to raise $100 million in an initial public offering, according to the Tampa Bay Business Journal. The first sale of stock by a company to the public is considered a significant amount for a real estate IPO.
Nationwide, Brixmor owns more than 500 shopping centers, including 58 in Florida.
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Clearwater Mall's major tenants include:
- Dollar Tree
- Famous Footwear
- Golfsmith
- hhgregg
- Michael's
- PetSmart
- Pier 1 Imports
- Ross Dress for Less
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