Raem Capital Advisors Acquires Retail Property In Saint Johns For $5.9M

A retail property located at 165 Veterans Parkway in the Saint Johns market has recently been sold for a price of $5,900,000. The property spans across 10,935 square feet and was sold at a rate of $540 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,900,000
• Date: 03/13/2023
• Address: 165 Veterans Parkway
• Market: Saint Johns
• Buyer's Representative: Raem Capital Advisors, LLC
• Seller's Representatives: Jeff Lefko, Bill Asher & Dylan Mallory - Hanley Investment Group Real Estate Advisors; ParaSell, Inc.

Jeff Lefko, Bill Asher, and Dylan Mallory from the Hanley Investment Group Real Estate Advisors, along with ParaSell, Inc., represented the sellers in this transaction. Their expertise played a significant role in facilitating the sale of the property to Raem Capital Advisors, LLC.