Torose Equities has acquired another Florida retail space, which comes out to roughly 14,000 square feet.
This one was acquired in St. Petersburg, an area the firm's founders have been invested in since 2017. The property, called Modera St. Petersburg, is classified by Torose as a new luxury mixed-use development at 20117th Street South.
Modera St. Petersburg consists of two spaces, which can be divided into as many as eight units. The ceiling heights range from 17 to 21 feet, and 14 parking spots are featured. The property is also connected to the Pinellas Trail, which runs 50 miles and is at the base of a 383-unit luxury apartment building. And the Grand Central District, Warehouse Arts District, and Edge District, are nearby to the location.
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