Kite Realty Group Acquires Retail Property In Boca Raton For $35.8M

22161 & 22191 Powerline Road

Retail

68,983 SF

Sold 1 year ago

Summary

Sale

FLORIDA

Retail

68,983 sqft

A retail property in Boca Raton, located at 22161 & 22191 Powerline Road, has been sold for $35,750,000. The property spans across 7.6 acres and has a total square footage of 68,983. The sale price per square foot was $518.

Summary of transaction details

Property Type: Retail
Transaction Amount: $35,750,000
Address: 22161 & 22191 Powerline Road, Boca Raton
Market: Boca Raton
Acres: 7.6

The buyer in this transaction was Kite Realty Group, represented by John A. Kite. The seller, Crow Holdings, was represented by Michael Levy.

Details

Deal Summary

SOLD

IMAGE: John A. Kite DATE: 07/25/2022 ADDRESS: 22161 & 22191 Powerline Road MARKET: Boca Raton ASSET TYPE: Retail ~ ACRES: 7.6 BUYER: Kite Realty Group (@KiteRealtyGroup) - John A. Kite SELLER: Crow Holdings - Michael Levy SALE PRICE: $35,750,000 SF: 68,983 ~ PPSF: $518

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Address22161 & 22191 Powerline Road

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