City National Bank Of Florida Provides $11M Refinance Loan For St Petersburg Retail Property

The retail property located at 658-670, 654-656, 2053-2063 & 2401-2437 Central Avenue & 2201-2253 1st Avenue South in St Petersburg has been involved in a recent transaction. The property spans 57,872 square feet and is situated in the retail market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $11,000,000
• Lender: City National Bank of Florida
• Landlord: Tricera Capital - Scott Sherman & Ben Mandell; Joe Furst - Place Projects
• Brokers: Scott Wadler & Alec Fox - Berkadia
• Loan Type: Refinance

The transaction involved a loan of $11,000,000 provided by City National Bank of Florida. The landlords involved in the deal are Tricera Capital represented by Scott Sherman & Ben Mandell, and Joe Furst represented by Place Projects. The brokers handling the transaction are Scott Wadler & Alec Fox from Berkadia.