Related Group, BH Group & PEBB Enterprises Acquire Retail Property In Riviera Beach For $19.2M

The property involved in this transaction is a retail asset located at 2401 North Ocean Drive in Riviera Beach. The property spans across 65,908 square feet. The sale price for this retail property was $19,200,000, resulting in a price per square foot of $291.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $19,200,000
• Address: 2401 North Ocean Drive, Riviera Beach
• Market: Riviera Beach

The buyers of this retail property were Related Group, BH Group, and PEBB Enterprises. The sellers were Pebb Capital, represented by Todd Rosenberg. JLL Retail Capital Markets served as the broker for this transaction.