Millan Enterprises Acquires St. Petersburg Retail Property For $3.1M

A retail property located at 11270 4th St. N in St. Petersburg has been sold for a price of $3,100,000. The property spans an area of 16,146 square feet, resulting in a price per square foot of $192. The transaction took place between the buyer, Millan Enterprises, and the seller, ICORR Properties. The deal was facilitated by Mark Shellabarger and Ari Ravi from CBRE.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,100,000
• Square Footage: 16,146
• Price Per Square Foot: $192
• Address: 11270 4th St. N
• Market: St. Petersburg

Mark Shellabarger and Ari Ravi from CBRE played critical roles in representing the buyer and seller in this retail property transaction. Their expertise and negotiation skills contributed to the successful completion of the deal.