Thursday, February 7, 2013

Marcus & Millichap Announces Sale of 22,000-SF Industrial Building in St. Petersburg, FL


        
Luke Elliott
St. PETERSBURG, FL, Feb.  7, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of the 22,000-square foot industrial property located at 10597 Oak Street North East, in St. Petersburg, Florida, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $599,000.

Luke Elliott, investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the local seller, a private investor and to the buyer, a limited liability company.

10597 Oak Street North East St. Petersburg, FL
“A local user was able to purchase a great facility in a good mid-county location,” says Elliott.   “This sale indicates the value that buyers see in the highly sought-after Tampa MSA.”
  
 For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700

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