Baldridge-Renton LLC Acquires Retail Property In Pompano Beach For $6M

Located at 651 South Federal Highway in Pompano Beach, this retail property was recently sold in a closed transaction on February 12, 2020. The property, encompassing 27,295 square feet, was purchased by Baldridge-Renton LLC (Baldridge Properties) from SunTrust - Allison McLeod for a total price of $6,000,000. With a price per square foot of $219, this retail asset offers a great investment opportunity.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,000,000
• Address: 651 South Federal Highway, Pompano Beach
• Buyer: Baldridge-Renton LLC (Baldridge Properties)
• Seller: SunTrust - Allison McLeod
• Square Footage: 27,295
• Price per Square Foot: $219

Baldridge-Renton LLC, represented by Baldridge Properties, acquired this retail property from SunTrust - Allison McLeod. This transaction highlights the successful collaboration between the buyer and seller, resulting in a favorable outcome for both parties involved. The deal not only signifies the strong presence of investment opportunities in Pompano Beach's retail market but also demonstrates the expertise and professionalism of the respective parties' representatives.