Michael Tsoumpas Acquires Retail Property In St. Augustine For $24.1M
170 village commons drive
Retail
52,070 SF
52,070 SF
+ 6
Summary
The retail property located at 170 Village Commons Drive in St. Augustine has been sold for a total of $24,100,000. The property spans over 52,070 square feet, resulting in a price per square foot of $463. The transaction took place on January 25, 2023. The seller in this deal was Stiles Corporation JV Cantrell & Morgan, while the buyer was Michael Tsoumpas.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $24,100,000
- Square Footage: 52,070 SF
- Price per Square Foot: $463
- Address: 170 Village Commons Drive, St. Augustine
- Market: St. Augustine
The transaction was facilitated by JLL, with the following brokers representing both parties: Danny Finkle, Eric Williams, Jorge Portela, Kim Flores, Michael Kavaler, Cameron Beck, Alex Sharrin, and Jeffrey Cicurel. Their efforts contributed to the successful completion of the deal.
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