Ben Mallah's Equity Management Partners Acquires Mixed-Use Property In St. Petersburg For $5.3M

The mixed-use property located at 1914 4th St. N in St. Petersburg has been sold for $5,300,000. The transaction took place on May 6, 2021. The property spans across 23,031 square feet, resulting in a price per square foot of $230. The buyer, Ben Mallah, represented Equity Management Partners Inc, while the seller was a collaboration between Limestone Asset Management and Orion Real Estate Group. The brokers involved in the deal were Mark Shellabarger and Ari Ravi from CBRE.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $5,300,000
• Address: 1914 4th St. N, St. Petersburg
• Market: St. Petersburg
• Buyer: Ben Mallah - Equity Management Partners Inc
• Seller: Limestone Asset Management & Orion Real Estate Group
• Brokers: Mark Shellabarger & Ari Ravi - CBRE
• Square Footage: 23,031
• Price Per Square Foot: $230

Mark Shellabarger and Ari Ravi from CBRE successfully facilitated the transaction as the brokers representing the buyer, Ben Mallah, and the seller, Limestone Asset Management and Orion Real Estate Group. The sale of this mixed-use property marks a significant deal in St. Petersburg's real estate market.