Stiles Acquires $12.5M Site for Retail Development in Wesley Chapel

Stiles Completes $12.5 Million Acquisition for Wesley Chapel Retail Development

Stiles, a commercial real estate development firm with 75 years of experience across the Southeast, announced the acquisition of approximately 24.45 acres at the southwest corner of State Road 56 and Morris Bridge Road in Wesley Chapel, Florida. The $12.5 million purchase will support development of a new retail project within the River Landing master-planned community.

The acquisition, announced February 11, 2026, equates to approximately $511,248 per acre. The site is designated for retail development within the River Landing master-planned community.

Morris Bridge Road Project Details

The Morris Bridge Wesley Chapel project represents a development opportunity in Wesley Chapel. The 24.45-acre site is currently undeveloped land positioned for retail construction within the River Landing master-planned community.

The property is located at the southwest corner of State Road 56 and Morris Bridge Road in Wesley Chapel, Florida.

Stiles Retail Development Strategy

Stiles Retail Group focuses on retail developments. The firm is a full-service commercial real estate development firm with a 75-year history across the Southeast.

The Wesley Chapel acquisition supports Stiles' retail development pipeline in the Tampa market.

River Landing Community Context

The site is located within the River Landing master-planned community in Wesley Chapel, Florida. The property is positioned at State Road 56 and Morris Bridge Road.

Stiles is headquartered in Fort Lauderdale. The firm provides commercial real estate development services including development, construction, brokerage, and management.