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Scannell Properties Sells Industrial Property In St. Petersburg For $94.5M

1950 102nd Avenue
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This Industrial property located in FL was sold for $94,500,000 over 2 years ago. The brokers of the deal were John Huguenard and Luis Castillo

The industrial property located at 1950 102nd Ave in St. Petersburg has been sold. With a total area of 62.93 acres, this property is situated in a prime location. The sale was facilitated by John Huguenard and Luis Castillo of JLL, representing the seller Scannell Properties. The transaction took place on 11/01/2021.

Summary of transaction details:

  • Property Type: Industrial
  • Sale Price: $94,500,000
  • Square Footage: 236,976
  • Price per Square Foot: $399

This successful transaction highlights the expertise and dedication of John Huguenard and Luis Castillo, representing JLL. Their efforts in facilitating this sale have resulted in the property being transferred to a new owner at the aforementioned price. The sale of this industrial property signifies a noteworthy accomplishment in the St. Petersburg market.

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Deals
  • Location
    1950 102nd Avenue North, St. Petersburg, FL, USA1950 102nd Avenue North, St. Petersburg, FL, USA
  • Sale Price
    $94,500,000$94,500,000
    $398 PPSF$398 PPSF
  • Area
    236,976 SF236,976 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

John Huguenard

John Huguenard

Deals13
Financed$861.4M

Luis Castillo

Luis Castillo

Deals22
Financed$767.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: John Huguenard & Luis Castillo DATE: 11/01/2021 ADDRESS: 1950 102nd Ave MARKET: St. Petersburg ASSET TYPE: Industrial ~ ACRES: 62.93 SELLER: Scannell Properties BROKERS: John Huguenard & Luis Castillo - JLL SALE PRICE: $94,500,000 SF: 236,976 ~ PPSF: $399

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1950 102nd Avenue

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