Benderson Development Acquires Linton Commons Shopping Center In Delray Beach For $28M

Benderson Development has acquired Delray Beach's Linton Commons shopping center for $28 million from Menin Development. The property, located at 500, 510 & 520 Linton Boulevard, spans 9 acres and features retail space totaling 85,000 square feet. The sale price equates to $329 per square foot. Linton Commons shopping center is home to various tenants, including RH Outlet and PetSmart.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $28,000,000
• Address: 500, 510 & 520 Linton Boulevard
• Market: Delray Beach
• Acres: 9

Benderson Development, led by Randall Benderson, completed the purchase of Linton Commons as part of its ongoing investment in South Florida retail. Prior to this acquisition, Benderson Development also bought a Publix-leased building in Pompano Beach.