Commercial Real Estate, Capital, Insurance, Leasing & Management

St. Pete Catalyst: Clearwater strip center sells for $5 million

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October 13, 2020 – Clearwater Town Center, a privately held company in Belleair, has bought a 14,880-square-foot strip shopping center at 511 S. Fort Harrison Ave. in Clearwater. The purchase price was $5 million, according to a deed filed Monday in Pinellas County.

The sellers were Dauphine Clearwater LLC and Maov Clearwater LLC.  Franklin Street, a commercial real estate firm, was key to the transaction. Franklin Street’s investment sales team of Greg MatusAnthony SuarezRyan Derriman and James Rea represented the seller in the deal and the firm’s capital markets team provided the buyer with financing.

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