Benderson Development Purchases Retail Property From CTO Realty Growth For $17.5M In Dunedin

The retail asset located at 1491 Main Street in Dunedin has been sold for $17,500,000. The property encompasses a total square footage of 74,178, translating to a price per square foot of $235.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $17,500,000
• Address: 1491 Main Street
• Market: Dunedin
• Square Footage: 74,178
• Price per Square Foot: $235
• Buyer: Benderson Development
• Seller: CTO Realty Growth
• Broker Representatives: Eric Williams, Conor Lalor, Andrei Larion & James Sharpe V - Newmark

The transaction was facilitated by a team of brokers from Newmark, consisting of Eric Williams, Conor Lalor, Andrei Larion, and James Sharpe V, who represented the buyer and seller throughout the deal.