Saudi billionaire's son sells St. Pete shopping center for $5.3 million

The 23,000-square-foot center on 4th Street North sold to local real estate investor Ben Mallah

  • By Business Observer Staff
  • | 6:31 p.m. May 6, 2021
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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ST. PETERSBURG - A St. Petersburg retail and office complex owned by a joint venture that includes the son of a Saudi billionaire has been sold.

The 23,000-square-foot center on 4th Street North sold for $5.3 million. Miami-based Limestone Asset Management bought the property in 2016 for $2.6 million.

 

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