PTM Partners Acquires Retail Property In Saint Petersburg For $4.5M

The property involved in this closed transaction is a retail asset located at 1101 Central Ave in Saint Petersburg. It was sold by Roger & Suzanne Perry, who are associated with the Datz Restaurant Group, to PTM Partners represented by Michael Tillman. The transaction was completed on 08/23/2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,500,000
• Address: 1101 Central Ave, Saint Petersburg
• Market: Saint Petersburg
• Buyer: PTM Partners - Michael Tillman
• Seller: Roger & Suzanne Perry - Datz Restaurant Group

This transaction involved an exchange of ownership for the retail property at 1101 Central Ave in Saint Petersburg. The property spans a total area of 7,935 square feet, resulting in a price per square foot of $567.