Milbrook Properties Acquires Retail Asset At 2020 West Pensacola Street For $24M
Florida
See Similar DealsMilbrook Properties Acquires Retail Asset At 2020 West Pensacola Street For $24M
2020 West Pensacola Street
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The property asset involved in this transaction is a retail space located at 2020 West Pensacola Street in Tallahassee. The sale price was $24,000,000, and the property encompasses approximately 152,335 square feet, translating to a price per square foot of $157.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,000,000
- Address: 2020 West Pensacola Street
- Market: Tallahassee
- Square Footage: 152,335
- Price per Square Foot: $157
- Buyer: Milbrook Properties
- Seller: Student Housing Solutions
- Brokers: Douglas Mandel - Marcus & Millichap
This transaction involved key individuals and companies, with Milbrook Properties acquiring the property from Student Housing Solutions. The deal was facilitated by broker Douglas Mandel, representing Marcus & Millichap, who played an essential role in the transaction process.
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