Marcus and Millichap Sells a 4,300-SF Net Leased Bank

ST. PETERSBURG, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of BB&T, (top right photo) a 4,300-square foot, net leased bank located in St. Petersburg, Florida, according to Bryn Merrey, Regional Manager of the firm’s Tampa office.

The asset commanded a sales price of $2,462,500.

John E. Brigel, Senior Associate and Angela Birdsong, Investment Specialist in Marcus & Millichap’s Tampa office had the exclusive listing to market the property on behalf of the seller. The buyer, a private investor, was also secured by John E. Brigel and Angela Birdsong.

BB&T is located at 100 34th Street North in St. Petersburg, Florida. In uncertain times BB&T is still commanding strong financials and has proved to be a great investment for this 1031 exchange buyer.


Press Contact: Bryn Merrey, Regional Manager, Tampa, (813) 387-4700