The owners of a Macy’s warehouse located on Gandy Blvd. midway between downtown Tampa and St. Petersburg, Fla., have moved forward with buying the neighboring property due east of the facility facing the Selmon Expressway.
It’s a multimillion-dollar deal. And, it will see the relocation of iHeartMedia’s radio stations serving the Tampa Bay region.
According to the Tampa Bay Times, the company will pocket $3.8 million from the real estate deal for 4002 W. Gandy Blvd.
The iHeartMedia/Tampa station group is comprised of Top 40 WFLZ, once Jacor’s famed “Power Pig”; Adult Contemporary WMTX “Mix 100.7,” Rock WXTB-FM “98 Rock,” Country WFUS-FM “US 103.5,” Hip-Hop/R&B WBTP-FM 95.7 “The Beat,” Sports WDAE-AM and FM Translator W237CW, Talk WFLA-AM 970, “Impact Radio” WHNZ-AM, “Throwback Tampa Bay,” and Tropical WRUB-FM 106.5 in nearby Sarasota.
According to the Times, Hillsborough County property records indicate the iHeartMedia facility was sold on April 29 to LBA LVF VII XII Company LLC. It shares an Irvine, Calif. address with the buyers of a 39-acre Macy’s warehouse property just to the west of the iHeart facility.
The Macy’s property sold in late December 2020 for $32 million.