Tricon Development Acquires Retail Property In Largo For $19.5M

Tricon Development, represented by Robert Kodsi, has acquired a retail property located at 12018 Indian Rocks Road in Largo. The sale was completed on 10/01/2021 and the property was sold by Forge Capital Partners. The transaction was valued at $19,500,000, with a total square footage of 93,264. This brings the price per square foot to $209.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $19,500,000
• Date: 10/01/2021
• Address: 12018 Indian Rocks Road, Largo
• Buyer: Tricon Development - Robert Kodsi
• Seller: Forge Capital Partners
• Square Footage: 93,264
• Price per Square Foot: $209

Tricon Development, led by Robert Kodsi, successfully completed the acquisition of this retail property in Largo. The deal showcases the buyer's strong presence in the market and their strategic investment decisions. Forge Capital Partners, the seller in this transaction, has opted to divest the property, indicating a shift in their investment strategy. This deal marks another milestone for both Tricon Development and Forge Capital Partners in their respective portfolios.