{"id":3427,"date":"2025-10-14T22:43:35","date_gmt":"2025-10-14T22:43:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/3427\/"},"modified":"2025-10-14T22:43:35","modified_gmt":"2025-10-14T22:43:35","slug":"joint-venture-acquires-129150-square-foot-shopping-center-in-st-petersburg-florida-for-31-4-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/3427\/","title":{"rendered":"Joint Venture Acquires 129,150-Square-Foot Shopping Center in St. Petersburg, Florida, for $31.4 Million"},"content":{"rendered":"<p>\t\t\t\t172<\/p>\n<p>St. Petersburg, Fla. \u2014 A joint venture between AEW Capital Management (AEW), Mack Real Estate Group (MREG) and Soundwater Properties (SWP) has acquired Disston Plaza, a 129,150-square-foot shopping center located in St. Petersburg. The sales price was $31.4 million, according to the Tampa Bay Business Journal. This transaction marks the second acquisition for the newly formed joint venture, which targets grocery-anchored retail centers in East Coast markets with purchase prices between $10 million and $50 million. Danny Finkle and Jorge Portela of JLL represented the seller.\u00a0<\/p>\n<p>Publix anchors Disston Plaza, which features a mix of additional tenants including Bealls Outlet, Dollar Tree, Pet Supermarket and The UPS Store. Built in 1954, the center sits on roughly 12 acres.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"172 St. Petersburg, Fla. \u2014 A joint venture between AEW Capital Management (AEW), Mack Real Estate Group (MREG)&hellip;\n","protected":false},"author":2,"featured_media":3428,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-3427","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/3427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=3427"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/3427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/3428"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=3427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=3427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=3427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}