West Parkway Realty Acquires Retail Property In Boynton Beach For $33M

West Boynton Beach Blvd in Boynton Beach is now home to a retail property that has just been sold for $33,000,000. The property, located at 6405 West Boynton Beach Blvd, spans a total space of 52,152 square feet, resulting in a price per square foot of $633. The transaction took place on September 12, 2022. The buyer of the property is West Parkway Realty, while the seller is a joint effort by PEBB Enterprises, represented by Ian Weiner, and Banyan Development, represented by Jason Sher. The deal was facilitated by brokers Danny Finkle and Eric Williams from JLL.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $33,000,000
• Square Footage: 52,152
• Price per Square Foot: $633
• Address: 6405 West Boynton Beach Blvd
• Market: Boynton Beach

Danny Finkle and Eric Williams, representing JLL, played a crucial role in making this transaction happen. With their expertise, the deal was successfully closed between West Parkway Realty, the buyer, and PEBB Enterprises and Banyan Development, the joint sellers. This sale marks a significant milestone for all parties involved, solidifying the growth and development of the retail market. All transactions were finalized on September 12, 2022, paving the way for future endeavors in the Boynton Beach market.