St. Petersburg Times Online: Business

Weather | Sports | Forums | Comics | Classifieds | Calendar | Movies

Glazer shops for another winner

By Times staff

© St. Petersburg Times, published February 10, 2003


Many fans celebrated the Bucs' Super Bowl victory by buying a cap or a T-shirt. Team owner Malcolm Glazer bought a Denver shopping center.

Glazer's First Allied Pennsylvania Corp. paid $6.35-million for a 19,720-square-foot center in Denver, or a whopping $322 per square foot, according to the Denver Post. "It's pretty breathtaking," Kevin Kelley, a local developer, told the newspaper.

But the shopping center is in a rapidly developing neighborhood. So Glazer may have viewed it as a property with real growth potential. Like a certain football team he once bought.

© Copyright, St. Petersburg Times. All rights reserved.