CIRE Equity Acquires Retail Property In Boca Raton For $10.6M

Located at 20841 S. State Road 7 in Boca Raton, this retail property spans across 3.4 acres. The transaction took place on July 1, 2022, with a sale price of $10,600,000. The property offers a total of 41,250 square feet of space, resulting in a price per square foot of $257.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,600,000
• Address: 20841 S. State Road 7, Boca Raton
• Market: Boca Raton
• Acres: 3.4

The buyer of this property was CIRE Equity, represented by Tyler McRae from Meridian Retail Group. The seller's representation was handled by Jon Cashion and Daniel Solomon, CCIM, from Katz Retail.

It's important to note the involvement of Tyler McRae as the buyer's representative and Jon Cashion and Daniel Solomon, CCIM, as the seller's representatives in this deal.