MCB Real Estate Acquires 81,272 SF Grocery-Anchored Retail Center in Largo, Florida

MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot grocery-anchored shopping center situated at 2150 East Bay Drive in Largo, Florida. This retail asset, located approximately 23 miles northeast of Tampa, is anchored by Sprouts Farmers Market and BioLife Plasma Services, providing essential services to the local community. The tenant roster also includes other established businesses such as McDonald’s, Little Caesars, Dollar General, Hibachi Express, The Corner Skillet, and Corner Wash Laundry, contributing to a diverse retail offering.

The property benefited from significant renovations completed in 2025. These improvements encompassed fresh building façades, resurfaced parking facilities, enhanced lighting, modernized retail suite interiors, updated mechanical systems, and new roof installations. While the seller and the exact sales price were not disclosed, this acquisition by MCB Real Estate signals ongoing investor confidence in the Florida retail market. For developers, architects, and lenders, the deal underscores the appeal of well-maintained, grocery-anchored centers that demonstrate long-term stability and serve daily consumer needs. Such properties often present attractive investment opportunities due to their resilient performance.