Private Real Estate Fund Acquires Boca Raton Property From Adler Real Estate Partners For $45.9M

The property asset involved in this transaction is located at 1001 W Yamato Rd, Boca Raton, FL. It has a total square footage of 171,724 and was sold for a transaction amount of $45,900,000. The market for this property is Boca Raton.

Summary of transaction details:

• Property Type: Commercial Property
• Transaction Amount: $45,900,000.00
• Square Footage: 171,724
• Address: 1001 W Yamato Rd, Boca Raton, FL
• Market: Boca Raton
• Buyer: Private Real Estate Fund
• Seller: Adler Real Estate Partners
• Buyer's Representative: Elizabeth Jones, John Strickroot - Shutts & Bowen
• Seller's Representative: Marcos Minaya - CBRE

The transaction involved the buyer being represented by Elizabeth Jones and John Strickroot from Shutts & Bowen, while the seller was represented by Marcos Minaya from CBRE. This highlights the brokerage firms engaged in facilitating the deal between the Private Real Estate Fund and Adler Real Estate Partners.