Home Depot Acquires 4.72 Acres In Hallandale Beach From Joseph Edelman For $20M

A mixed-use property located at 3101-3129 West Hallandale Beach Boulevard in Hallandale Beach has been sold for a total of $20,000,000. The asset spans 4.72 acres and comprises 64,840 square feet of retail and office space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $20,000,000
• Address: 3101-3129 West Hallandale Beach Boulevard
• Market: Hallandale Beach
• Acres: 4.72
• Square Footage: 64,840
• Price Per Square Foot: $308
• Buyer: Ted Decker - Home Depot
• Seller: Joseph Edelman - 3101 Realty Corp

The transaction saw Ted Decker representing Home Depot acquiring the property from Joseph Edelman, who led 3101 Realty Corp. This acquisition adds to Home Depot's presence in the area, increasing their holdings on the corridor to 7.03 acres following a previous purchase in December for $4.85M.