Asset Class: Retail
Tampa Bay Business Journal: St. Pete shopping center gets a makeover for a new era
The owner of a St. Petersburg shopping center is planning a large-scale renovation to keep the property competitive with both e-commerce and other retail properties in a post-pandemic world. InvenTrust...
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10 Steps Lenders Should Take When Inheriting a Distressed Commercial Real Estate Asset
By Chad DeFoor, Senior Director – Investment Sales When commercial real estate properties go into foreclosure, it is not uncommon for a significant amount of deferred maintenance — not to mention critical Life Safety and Security issues — to accrue....
Learn MoreShopping Center Business: Franklin Street Arranges $5.1 Million Sale of Central Plaza Shopping Center in St. Petersburg, Florida
St. Petersburg, Fla. — Franklin Street has arranged the $5.1 million sale of Central Plaza, a 19,016-square-foot, fully occupied shopping center located at 3270 Central Ave. in St. Petersburg. The property...
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St. Pete Catalyst: Central Plaza sells for $5.1M in St. Pete’s opportunity zone
The Central Plaza Shopping Center along Central Avenue has a new owner. The 19,016-square-foot plaza, at 3270 Central Ave., sold in a roughly $5.1 million deal between the seller California-based...
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Franklin Street Arranges $5.1M Shopping Center Sale in St. Petersburg Opportunity Zone
The 19,016sf retail plaza is prominently situated along one of St. Pete’s primary thoroughfares ST. PETERSBURG, FL (June 14, 2021) – Franklin Street has arranged the sale of Central Plaza,...
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