Largest retail trade in Land O’ Lakes history sold

MIAMI, Aug. 26, 2026 –  JLL Capital Markets announced today that it has secured the sale of The Hub at Bexley, a newly constructed neighborhood retail center in Land O' Lakes, Florida.

JLL worked on behalf of the seller, Center Connect Development. CenterSquare Investment Management was the buyer.

Delivered in 2023 by Center Connect Development, The Hub at Bexley encompasses 50,000 square feet of open-air retail space and is 100% leased to a curated mix of food and beverage, health and wellness, entertainment and service tenants. Notable operators include BellaBrava, Stillwaters Tavern and TREK Bikes. The center features a village-style design with a covered event stage, landscaped courtyards and outdoor seating that encourages cross-shopping and community engagement.

The Hub at Bexley is strategically positioned at 16954 Focus Loop at the intersection of State Road 54 and Bexley Village Drive, with exposure to more than 68,000 vehicles per day. The property serves as the commercial anchor for Bexley by Newland, a sold-out master-planned community entitled for up to 2,100 residential units. The property benefits from exceptional trade area demographics, with an average household income exceeding $160,000 within five miles and a population of more than 87,500 residents projected to grow 18% through 2030.

JLL Capital Market’s Sales and Advisory team representing the seller was led by Senior Director Jorge Portela, Executive Managing Director Danny Finkle and Analyst Jacob Wise.

"Center Connect Development created a very unique product, combining the convenience of a strip center with the experiential components of a lifestyle center” Portela said. "The service-oriented tenancy, exceptional demographics and high growth submarket drove strong investor demand for the offering."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Founded in 2019, Center Connect Development is a developer of lifestyle retail centers that serve as a nexus for retail and community engagement. Our mission is to create spaces where our patrons can enjoy time and experiences with each other, while providing our tenants with enhanced opportunities for growth and success. Founded in the Tampa Bay region, our first projects focused on the fastest growing area in the Tampa MSA (Pasco County). Our future projects are pushing beyond the Tampa MSA into other rapidly growing areas of Florida and the Southeast. We bring the urban experience of community and walkable retail to suburban markets.

Founded in 1987, CenterSquare Investment Management is an independent, diversified real asset manager focused on listed and private real estate. As a trusted fiduciary, our success is firmly rooted in aligning our interests with those of our clients, partners, and employees. CenterSquare is headquartered in suburban Philadelphia, with offices in New York, Los Angeles, London, and Singapore. With $16 billion in assets under management (June 2026), CenterSquare is proud to manage investments on behalf of some of the world’s most well-known institutional and private investors.