MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot retail center in Largo, Florida. Anchored by Sprouts Farmers Market and BioLife Plasma Services, the property sits on East Bay Drive about 23 miles northeast of Tampa. A 2025 renovation upgraded the center’s façades, parking, lighting, retail interiors, mechanical systems and roofs.
Key takeaways
MCB’s acquisition adds a recently renovated, grocery-anchored property to its portfolio. The center combines national and local businesses, with Sprouts Farmers Market and BioLife Plasma Services as its primary anchors.
- Property: Keene Plaza, 81,272 square feet
- Location: 2150 East Bay Drive, Largo, Florida
- Anchors: Sprouts Farmers Market and BioLife Plasma Services
- Recent work: Renovations completed in 2025
A mix of retail and services
Keene Plaza’s tenant roster includes businesses serving a range of everyday shopping and service needs. Other tenants named at the center include McDonald’s, Little Caesars, Dollar General, Hibachi Express, The Corner Skillet and Corner Wash Laundry.
The combination of a supermarket, service provider, restaurants and other retailers gives the property a varied tenant mix. The acquisition announcement did not disclose the transaction price or other sale terms.
Renovation updated key property features
The center underwent renovations in 2025. Improvements included refreshed building façades, resurfaced parking areas and upgraded lighting, along with modernized interiors in retail suites.
The work also included updated mechanical systems and new roof installations. These upgrades addressed both the appearance of the property and major building components.
Largo location near Tampa
Keene Plaza is located at 2150 East Bay Drive in Largo, approximately 23 miles northeast of Tampa. The acquisition adds an established retail property in the Tampa Bay region to MCB Real Estate’s holdings.
- MCB Real Estate Acquires 81,272-Square-Foot Grocery-Anchored Center in Largo, Florida, Shopping Center Business.