TCII Capital Group acquires Red Lobster property at 910 E 23rd St in Panama City, Florida

  • TCII Capital Group acquired 910 E 23rd Street in Panama City, Florida, a 5,500-sq-ft freestanding retail building on 1.06 acres.
  • Property is occupied by Red Lobster; located on East 23rd Street with about 35,000 vehicles per day.
  • Deal marks TCII’s fourth acquisition and fifth building along the East 23rd Street corridor, deepening its Panama City footprint.
  • TCII flagged repositioning, adaptive reuse, or redevelopment as potential paths as it evaluates the site’s highest and best use.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TCII Capital Group published the original content used to generate this news brief on May 26, 2026, and is solely responsible for the information contained therein.