Eastgate Plaza sold for $8.95 million

The Tampa-based real estate investment firm Validus Group announced yesterday that it has acquired Eastgate Plaza on the corner of Creighton Road and North Ninth Avenue for $8.95 million.

Eastgate Plaza is anchored by a Winn-Dixie, Powerhouse Gym, ITT Technical Institute and Guitar Center. More than $3 million was recently invested in the property, and Validus plans to invest more, said David Brightwell, vice president of business development, according to a report by the Tampa Business Journal.