Longpoint Realty Partners LP Acquires Retail Asset At Palm Aire Marketplace For $33.1M

The property involved in this transaction is located at 299 South Powerline Road in Palm Aire Marketplace, Pompano Beach. The asset type is retail, encompassing a total of 143,219 square feet. The transaction was completed for a price of $33,100,000, resulting in a price per square foot of $231.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $33,100,000
• Address: 299 South Powerline Road - Palm Aire Marketplace
• Market: Pompano Beach
• Square Footage: 143,219
• Price per Square Foot: $231
• Buyer: Longpoint Realty Partners LP
• Broker Representatives: Harry Blyden, Bastian Schauer, Ariel Davis, Ruben Suarez, and Billy Weiser - Colliers

The transaction involved key brokers representing the buyer, Longpoint Realty Partners LP. The brokers facilitating this deal are affiliated with Colliers, showcasing a collective effort from industry professionals Harry Blyden, Bastian Schauer, Ariel Davis, Ruben Suarez, and Billy Weiser.