Retail space near Rays stadium site sells for $2.4M

A Miami developer has bought the ground floor retail space at a 20-story tower in downtown St. Petersburg.

  • By Louis Llovio
  • | 3:30 p.m. August 15, 2024
  • | 0 Free Articles Remaining!
The 14,000-square-foot retail space at Modera St. Petersburg has been bought by a Miami investor.
The 14,000-square-foot retail space at Modera St. Petersburg has been bought by a Miami investor.
Courtesy image
  • Tampa Bay-Lakeland
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A Miami-based real estate investment firm has bought 14,000 square feet of retail space at a downtown St. Petersburg mixed-use development.

Torose Equities paid $2.44 million for the ground floor space at Modera St. Petersburg, a recently completed 20-story, 383-unit apartment tower.

The building is at 201 17th St. South and near where the Historic Gas Plant District will be redeveloped, a project that will include a new stadium for the Tampa Bay Rays.

 

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