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St. Petersburg’s Marina Village retail center changes hands

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Marina Village, a retail center in the newly named Skyway Marina District, was sold for $3.9 million. CBRE arranged the transaction and represented EBK Properties Inc., which sold the center to an entity comprised of Paradise Ventures of Safety Harbor and ADJ-DIG LLC, according to a written statement. The center was 79 percent occupied at the time of the sale. Retail centers in Pinellas County, which is a built-out market, attract buyers’ interest, and Marina Village’s tenants and the property’s…

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