Parkave Capital Group Acquires Retail Property In Spring Hill For $12.8M

The retail property located at 4185 Mariner Crossing Boulevard in Spring Hill has been sold for a total price of $12,800,000. The property spans 97,812 square feet and was sold at a price per square foot of $131. The transaction took place on 10/25/2022 and involved the buyer, Parkave Capital Group, and the seller, Mehrdad Arjomandi.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,800,000
• Square Footage: 97,812
• Price per Square Foot: $131
• Date: 10/25/2022
• Address: 4185 Mariner Crossing Boulevard, Spring Hill

The deal was facilitated by the brokers involved, Michael Cleeman from Cleeman Realty Group and Gary Brown from Ideal Management.