The Real Deal Miami

Boca group part of $10.5 million shopping center sale

August 31, 2009 12:51PM

CB Richard Ellis announced the sale of the Tyrone Corners Shopping Center located at 2500 66th Street North in St. Petersburg for $10.5 million. The 80,703-square-foot shopping center, directly across the street from Tyrone Square Mall, was bought by private investment group Makabe & Makabe. The California group paid $130 a square foot. Richard Tarquinio, senior vice president, with the Investment Properties Group located in Boca Raton, Christina Monacelli, associate, with the Investment Properties Group located in Boca Raton, Fla. and Mark Shellabarger, senior vice president, with the Private Client Group in Tampa, represented the seller. TRD