Riverstone Capital Group Acquires West Palm Beach Shopping Center For $19.6M

4316 Forest Hill Boulevard, West Palm Beach, FL, USA

$19,600,000

$174/SF

Building Size

112,364 SF

Asset Type

Retail

Closing

Dec 1, 2019

AI

The shopping center located at 4316-4450 Forest Hill Boulevard in West Palm Beach was sold for $19,600,000. The asset encompasses a total of 112,364 square feet, with a price per square foot of $174.

Summary of transaction details:

Property Type: Shopping center
Transaction Amount: $19,600,000
Address: 4316-4450 Forest Hill Boulevard
Market: West Palm Beach
Seller: Trinity Place Holdings
Buyer: Riverstone Capital Group - Jorge Portela
Brokers: Luis Castillo, Danny Finkle, Eric Williams - JLL

The deal involved key individuals including Jorge Portela representing Riverstone Capital Group, alongside brokers Luis Castillo, Danny Finkle, and Eric Williams from JLL, who played significant roles in facilitating the transaction.

Players