FOR IMMEDIATE RELEASE
Graystone Investment Group Expands Into Commercial Real Estate with $1.3M Deal in St. Petersburg
New Commercial Division Empowers Investors with Expertise in Sales, Leasing, and Zoning Navigation
TAMPA, FL – May 22, 2025 — Graystone Investment Group is proud to announce the official expansion of its real estate services into the commercial space, kicking off with the successful closing of a $1.3 million commercial sale in St. Petersburg, FL. The transaction was handled by Graystone’s Commercial and Business Team, marking a major milestone and showcasing the group’s ability to support investors with complex commercial sales and leases—from zoning to deal structure.
“This wasn’t your typical listing,” said Jay Michalec, COO of Graystone. “The property was zoned for automotive-related uses like car sales, rentals, and service centers. Making sure the buyer’s business plans aligned with the zoning laws required multiple conversations with the city, deep due diligence, and strategy. But that’s exactly what our commercial team was built for.”
The site featured a 504-square-foot structure built in 1974, introducing further challenges. The buyer needed to decide whether to use the existing building or redevelop it entirely. Graystone’s team stepped in to advise on adaptive use, coordinate inspections, and evaluate the potential for renovation or ground-up construction.
A Growing Need, A New Solution
With the real estate market evolving, more investors are moving beyond residential to tap into the cash flow and long-term value of commercial real estate. Graystone’s newly launched Commercial Division is designed to meet that demand—offering personalized guidance, boots-on-the-ground expertise, and a wide network of off-market and on-market opportunities.
“Graystone has completed over 3,500 transactions and built a reputation for results in residential real estate. Now, we’re extending that same hands-on support to the commercial side,” said Jorge Vazquez, CEO of Graystone Investment Group. “Whether you’re leasing a retail storefront, buying an industrial property, or need help navigating zoning laws, we’ve got the right team in place.”
Why Commercial? Why Now?
Commercial real estate offers investors a chance to diversify portfolios, stabilize returns, and tap into long-term growth. But the deals can be trickier—often involving zoning complexities, older buildings, and unique use cases. That’s where Graystone’s Commercial and Business Team shines.
What We Learned on This Deal:
1. Zoning Verification Is Key: Don’t assume a property fits your business. Confirm zoning early to avoid delays and legal risks.
2. Know the Structure’s Potential: Understand if an older building meets your needs—or if renovation or teardown is more practical.
3. Due Diligence Wins Deals: The more you know upfront, the better your negotiation power and timeline control.
We’re Ready to Help You Go Commercial
From multi-use buildings to auto-zoned lots, Graystone’s commercial team is ready to support your next investment. Whether you’re buying, selling, or leasing commercial real estate in Florida, we’ve got you covered.
Connect with our Commercial Division: http://graystoneig.com/jorge
About Graystone Investment Group
Graystone is a Florida-based real estate investment firm with a global clientele. With thousands of transactions closed and hundreds of properties under management, Graystone offers turnkey services for real estate investors seeking cash flow, equity, and long-term growth. In 2025, the company launched its Commercial Division to provide sales, leasing, and advisory services for commercial investors.
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Graystone Investment Group
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