Curbline Properties Acquires Retail Asset In Royal Palm Beach From City Construction & Development For $17M

The asset involved in this transaction is a retail property located at 11925 Southern Boulevard in Royal Palm Beach. The sale price of the property was $17,000,000, with a total square footage of 25,720, resulting in a price per square foot of $660.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $17,000,000
• Address: 11925 Southern Boulevard
• Market: Royal Palm Beach
• Square Footage: 25,720
• Price Per Square Foot: $660
• Buyer: Curbline Properties
• Seller: City Construction & Development
• Brokers: Douglas K. Mandel, Zach Levine & Cody Hershey - Marcus & Millichap

This transaction involved Curbline Properties as the buyer and City Construction & Development as the seller. The brokerage team representing the transaction consisted of Douglas K. Mandel, Zach Levine, and Cody Hershey from Marcus & Millichap, highlighting the collaborative efforts of these professionals in closing the deal.