PEBB Enterprises Acquires Retail Property In Delray Beach For $10.5M

The retail property located at 5024-5070 W. Atlantic Ave in Delray Beach has been sold in a recent transaction. The property spans approximately 71,000 square feet and was sold at a price of $10,500,000, resulting in a price per square foot of $148. The buyer in this transaction is PEBB Enterprises, represented by Ian Weiner and Dan Haines. The seller is Topvalco Inc.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,500,000
• Square Footage: 71,000
• Price per Square Foot: $148
• Buyer: PEBB Enterprises - Ian Weiner & Dan Haines
• Seller: Topvalco Inc.

The deal's key individuals include Ian Weiner and Dan Haines, who represent PEBB Enterprises in the transaction. They successfully acquired the retail property located at 5024-5070 W. Atlantic Ave in Delray Beach from Topvalco Inc. The purchase price for the property was $10,500,000, and it encompasses approximately 71,000 square feet, resulting in a price per square foot of $148.