PEBB Enterprises And Banyon Development Acquire Mixed-Use Property In Boca Raton

A mixed-use property located at 7800-7880 Glades Road, Boca Raton, was recently sold for $10,300,000. The property spans 30,930 square feet, resulting in a price per square foot of $333. Situated on 7.2 acres, the sale equates to a price per acre of $1,430,556.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $10,300,000
• Address: 7800-7880 Glades Road, Boca Raton
• Market: Boca Raton
• Buyers: PEBB Enterprises - Ian Weiner, Banyon Development
• Seller: Lui Lawrence
• Square Footage: 30,930
• Price per Square Foot: $333
• Acres: 7.2
• Price per Acre: $1,430,556

The purchasing entities in this transaction were PEBB Enterprises, represented by Ian Weiner, and Banyon Development. Lui Lawrence served as the seller in the deal.