The property involved in this transaction is a retail asset located at 3031 North Rocky Point Drive in the Rocky Point market of Tampa. The sale price for the asset was $39,500,000, with a total square footage of 206,329 and an estimated price per square foot of $191. The property encompasses 6.7 acres.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $39,500,000
• Address: 3031 North Rocky Point Drive
• Market: Rocky Point, Tampa
• Square Footage: 206,329
• Price per Square Foot: $191
• Acres: 6.7
• Buyer: Rudy Prio Touzet - Banyan Street Capital; Dan Rosenbloom - Lafayette Street Capital
• Seller: Cousins Properties
• Brokers: Christian Lee, Sean Kelly, Tom Rappa, Matthew Lee, Max Nathan, Joe Chick & Dale Peterson - CBRE
• Lender: Prime Finance
• Mortgage Brokers: Amy Julian & Andrew Chilgren - CBRE

The acquisition involved Banyan Street Capital and Lafayette Street Capital as the buyers, who purchased the asset from Cousins Properties. CBRE represented the seller in the transaction and facilitated the acquisition financing through Prime Finance. Additionally, JLL has been retained to lease the property.