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

Property Image
SOLD
$10,600,000
Tyler McRae
Jonathan (Jon) Cashion
Daniel Solomon

Florida

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Retail41,250 SF
Sold 06/30/2022
the dealplayerscompscontact
Property Image
SOLD

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

20841 State Road 7, Boca Raton, Florida 33063, United States

See Similar Deals
Retail41,250 SF
Sold 06/30/2022
Tyler McRae
Jonathan (Jon) Cashion
Daniel Solomon
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$257
Total Square Footage:41,250 SF
Transaction Type:Sale

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.

Players

Jonathan (Jon) Cashion
Katz & Associates Real Estate Advisors
Jonathan Cashion
4 deals$25.2M volume
BROKER
Tyler McRae
Meridian Retail Group
Tyler McRae
2 deals$12.8M volume
BROKER
Daniel Solomon
Katz & Associates Real Estate Advisors
Daniel Solomon
7 deals$37.1M volume(954) 401-2181
BROKER
Matthews
Matthews
BROKERAGE
CE
CIRE Equity
BUYER

Details

SOLD
IMAGE: Jon Cashion, Daniel Solomon & Tyler McRae DATE: 07/01/2022 ADDRESS: 20841 S. State Road 7 MARKET: Boca Raton ASSET TYPE: Retail ~ ACRES: 3.4 BUYER: CIRE Equity BUYER'S REP: Tyler McRae (@TylerMcRae) - Meridian Retail Group (@MeridianRetailGroup) SELLER'S REP: Jon Cashion (@JonathanCashion) & Daniel Solomon, CCIM (@Daniel_FloridaRetailPro) - Katz Retail (@KatzRetail) SALE PRICE: $10,600,000 SF: 41,250 ~ PPSF: $257

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