SVN Commercial Advisory Group Manages Sale-Leaseback of Stearns Bank Branch in St. Petersburg
Contact Name: chelsea burrow
Contact Email: email@example.com
Contact Phone Number: 941-387-1200
St. Petersburg, Fla. (May 10, 2021) – Senior advisor Brad Lindberg, of SVN Commercial Advisory Group, recently coordinated the sale-leaseback of an 11,236 SF bank building located at 7555 MLK Jr. Street North in St. Petersburg, FLA. PR St. Pete, LLC was the buyer. Stearns Bank, N.A., was the seller. Lindberg and Mark Phillips from Strategic Development Group worked together in the representation of the seller. Lindberg represented the buyer.
Brad and Mark are currently representing the seller on another Stearns Bank property located at 201 Center Road in Venice, FLA. This transaction will also be a sale-leaseback.
Matt Christian, Managing Director, SVN Commercial Advisory Group Matt.Christian@svn.com | 941.343.4520
Brad Lindberg, Senior Investment Advisor, SVN Commercial Advisory Group Brad.Lindberg@svn.com | 941.356.0338