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.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
