Harborview Capital Group & Torose Equities Purchase Special Purpose Asset For $43M In Punta Gorda
1200 West Retta Esplanade
$43,000,000
$502/SF
Building Size
85,549 SF
Asset Type
Special Purpose
Closing
Jul 22, 2026
AI
The property asset involved in this transaction is located at 1200 West Retta Esplanade in Punta Gorda, classified as a Special Purpose asset. The sale price of the property was $43,000,000, encompassing a total square footage of 85,549, resulting in a price per square foot of $502.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $43,000,000
- Address: 1200 West Retta Esplanade
- Market: Punta Gorda
- Square Footage: 85,549
- Price per Square Foot: $502
- Buyers: Harborview Capital Group & Torose Equities
- Seller's Representatives: Ashley Bloom, Bryan Myers & Corrie Gates - SVN
The transaction involved notable individuals, with Ashley Bloom, Bryan Myers, and Corrie Gates representing the seller on this deal. The buyers, Harborview Capital Group and Torose Equities, secured the transaction as part of their real estate portfolio expansion.
Players
Punta Gorda Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93