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6065 Telegraph Road
SOLD

Prudent Growth Partners Acquires Tori Pines Plaza In Oakville For $3.9M

6065 Telegraph Road

Retail
24,000 SF
clock iconSold 270 days ago
Alex Perez
Chris Garavaglia
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Summary

Sale
MISSOURI
Retail
24,000 sqft

Prudent Growth Partners LLC has expanded into Missouri with its $3.9 million acquisition of Tori Pines Plaza, a 24,000-square-foot shopping center located at 6065 Telegraph Road in Oakville, south St. Louis County. The property was sold by Parcfront Group LP. The acquisition price equates to approximately $163 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,900,000
  • Address: 6065 Telegraph Road, Oakville, St. Louis, MO
  • Market: St. Louis, MO

The deal was facilitated by brokers Alex Perez and Chris Garavaglia of Marcus & Millichap, who represented both the buyer, Prudent Growth Partners LLC, and the seller, Parcfront Group LP. This transaction marks Prudent Growth Partners LLC's entry into the Missouri market, with the acquisition of Tori Pines Plaza.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Alex Perez's profile picture
Alex Perez
Marcus & Millichap-image
First Vice President Investments
$24.9M Sold

Details

Deal Summary
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SOLD
IMAGE: Alex Perez & Chris Garavaglia DATE: 08/11/2023 ADDRESS: 6065 Telegraph Road MARKET: St. Louis, MO ASSET TYPE: Retail SELLER: Parcfront Group LP BROKERS: Alex Perez & Chris Garavaglia - Marcus & Millichap SALE PRICE: $3,900,000 SF: 24,000 ~ PPSF: $163 NOTE: Prudent Growth Partners LLC has expanded into Missouri with its $3.9 million acquisition of Tori Pines Plaza, a 24,000-square-foot shopping center in Oakville, south St. Louis County.

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Address6065 Telegraph Road

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