Walton Street Capital Acquires Retail Space At Echelon City Center For $6 Million From Third Lake Capital

Walton Street Capital acquired a 14,000-square-foot, five-tenant retail space located at 100 Main Street North in St. Petersburg, FL, for $6 million. The property, which includes several well-known businesses, is fully leased, with tenant leases in place extending through 2031 or later.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,000,000
• Square Footage: 14,000
• Price Per Square Foot: $429
• Buyer: Walton Street Capital
• Seller: Third Lake Capital
• Brokers: Jason Donald & Madison Chaney - Franklin Street

Several businesses occupy the retail space, including Publix Liquors, Back Bar, Feathersound Smiles, Modern Medical, and Brothers Thomas Bespoke Café. The deal highlights the involvement of Jason Donald and Madison Chaney representing the broker agency Franklin Street in this transaction.