The property asset involved in the transaction is a retail space located at 1914 4th Street North in St. Petersburg. The sale price for the asset was $5,950,000, encompassing a square footage of 22,176, which results in a price per square foot of $268.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $5,950,000
• Address: 1914 4th Street North
• Market: St. Petersburg
• Square Footage: 22,176
• Price Per Square Foot: $268
• Buyer: Lance Zar - Zar Capital Group
• Seller: Ben Mallah
• Broker: Ari Ravi - Ripco

The key individuals involved in the deal include Lance Zar, who represents the buyer, Zar Capital Group, which is actively pursuing well-positioned retail properties in growing markets across the United States. The seller of the property is Ben Mallah, and the transaction was brokered by Ari Ravi from Ripco.