Trammel Crow Residential Acquires Development Site In Delray Beach For $11M | 1155 South Congress Avenue | Michael Lewin, Don Ginsburg, Juda Hersh | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

303,613 sqft

A development site located at 1155 South Congress Avenue in Delray Beach has been sold for $11,080,000. The property spans 303,613 square feet, resulting in a price per square foot of $36.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $11,080,000
Address: 1155 South Congress Avenue
Market: Delray Beach

Trammel Crow Residential acquired the property from Norm Olson. The buyer was represented by Don Ginsburg and Michael Lewin from Katalyst Real Estate & Development. On the other hand, Juda Hersh from Hersh Equity Group, Inc served as the seller's representative.

Players

All
5

Agents
3
Agencies
2

Michael Lewin

Katalyst Real Estate & Development-image

Director of Brokerage Services

$170.3M Sold

Don Ginsburg

President

$175.4M Sold

Juda Hersh

Investment Sales & Leasing Advisor

$26.3M Sold

Hersh Equity Group

Katalyst Real Estate & Development

Details

Deal Summary

SOLD

IMAGE: Michael Lewin, Juda Hersh & Don Ginsburg DATE: 07/26/2023 ADDRESS: 1155 South Congress Avenue MARKET: Delray Beach ASSET TYPE: Development Site BUYER: Trammel Crow Residential SELLER: Norm Olson BUYER'S REP: Don Ginsburg (@DonGinsburg) & Michael Lewin (@Mikey_lew) - Katalyst Real Estate & Development (@KatalystRealEstate) SELLER'S REP: Juda Hersh (@Flwarehouseguy) - Hersh Equity Group, Inc (@Hershequity) SALE PRICE: $11,080,000 SF: 303,613 ~ PPSF: $36

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Address1155 South Congress Avenue

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