Smith & Associates Real Estate Announces Sale of A Snell Arcade Commercial Condominium
Patrick and Chris Calhoon, commercial brokers with Smith & Associates Real Estate, are pleased to announce the $1.8M sale of the Snell Arcade commercial condominium located at 405 Central Ave. in downtown St. Petersburg.
The Snell Arcade was sold by the not-for-profit organization Volunteers of America to Tricera Capital, a Miami-based firm with several other St. Petersburg downtown holdings. The firm states that purchasing this site is an investment for their firm to grow in the St. Petersburg area.
The Calhoons were transaction brokers working with both buyer and seller of the deal. “We were excited to work with both parties and play a role in the growth of another…
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