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570 Carillon Parkway

Updated Mar 31, 2025

Frank Bracken Of Foot Locker, Inc. Leases Office Space At 570 Carillon Parkway In St. Petersburg
LEASEDOffice

Frank Bracken Of Foot Locker, Inc. Leases Office Space At 570 Carillon Parkway In St. Petersburg

570 Carillon Parkway

Building Size

110,998 SF

Asset Type

Office

Closing

Mar 31, 2025

About this deal

AI

The property asset involved is an office located at 570 Carillon Parkway in the St. Petersburg market. The total square footage of the asset is 110,998 square feet.

Summary of transaction details:

The deal features several key individuals, including tenant representatives Lee Winter and Caleb Lewis from JLL, and landlord representatives Andrew Wiener from The Feil Organization, Barry Hanerfeld, and Molly Molloy Catlett from CBRE. The transaction highlights the involvement of Jeffrey J. Feil, representing the Feil Organization, as the landlord in this lease agreement.

On the Map

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Players

Barry Hanerfeld

CBRE

Broker

4 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

Jeffrey J. Feil

Landlord

$51.5M

vol

9 deals

Landlord
Bilt advertisement

Saint Petersburg Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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