Rick Baer Of American Commercial Realty Corp Acquires Mixed-use Property In Delray Beach For $18.3M

The asset involved in the transaction is a mixed-use property located at 6580 West Atlantic Avenue & 15067-15127 South Jog Road in Delray Beach. The property encompasses a total square footage of 77,852 and was sold for $18,300,000, which amounts to $235 per square foot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $18,300,000
• Address: 6580 West Atlantic Avenue & 15067-15127 South Jog Road
• Market: Delray Beach
• Square Footage: 77,852
• Price per Square Foot: $235
• Buyer: Rick Baer - American Commercial Realty Corp.
• Seller: Michael Goldberg & Vivian Zepka
• Broker: Colliers

Rick Baer represented American Commercial Realty Corp. in the acquisition of the property. The sellers, managed by Michael Goldberg and Vivian Zepka, were assisted by Colliers in the transaction.