DS North Palm Beach Landlord LLC Acquires Retail Property On US Highway 1 In North Palm Beach For $6.9M

The retail property located at 230 US Highway 1 in North Palm Beach has been sold for a price of $6,900,000. Spanning across an area of 14,321 square feet, the property was acquired by DS North Palm Beach Landlord LLC, represented by SunTrust Equity Funding. The seller in this transaction was Walgreen Co., with Stefano Pessina and Richard Ashworth as the representatives.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $6,900,000
• Address: 230 US Highway 1, North Palm Beach
• Square Footage: 14,321
• Buyer: DS North Palm Beach Landlord LLC (SunTrust Equity Funding)
• Seller: Walgreen Co. – Stefano Pessina, Richard Ashworth

Stefano Pessina and Richard Ashworth played key roles as the representatives of Walgreen Co. in this retail property transaction. Their involvement in the deal highlights their influence and expertise in the market.