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Union Investment Real Estate Acquires Boynton Beach Retail Portfolio For $79.5M

Property Image
SOLD
$79,500,000

Florida

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Retail185,372 SF
Sold 12/08/2021
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Property Image
SOLD

Union Investment Real Estate Acquires Boynton Beach Retail Portfolio For $79.5M

6545 Boynton Beach Boulevard, Boynton Beach, FL, USA

See Similar Deals
Retail185,372 SF
Sold 12/08/2021
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$428
Total Square Footage:185,372 SF
Transaction Type:Sale

Union Investment Real Estate has acquired a retail property in Boynton Beach for a total price of $79,500,000. The property, located at 6545, 6555, 6627, 6661, 6667 Boynton Beach Blvd & 9811 S. Jog Road, spans across approximately 23.2 acres. The asset type is retail, with a total square footage of 185,372. The purchase price per square foot was approximately $429. The seller, DRA Advisors, was represented by David Luski.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $79,500,000
  • Address: 6545, 6555, 6627, 6661, 6667 Boynton Beach Blvd & 9811 S. Jog Road
  • Market: Boynton Beach
  • Acres: 23.2
  • Square Footage: 185,372
  • Price Per Square Foot: $429

The buyer, Union Investment Real Estate, made the acquisition from DRA Advisors, with David Luski representing the seller. This transaction between the two parties resulted in the successful sale of the retail property in Boynton Beach.

Players

Union Investment
Union Investment
BUYER
David Luski
DRA Advisors
David Luski
33 deals$3.3B volume
SELLER

Details

SOLD
IMAGE: David Luski DATE: 12/08/2021 ADDRESS: 6545, 6555, 6627, 6661, 6667 Boynton Beach Blvd & 9811 S. Jog Road MARKET: Boynton Beach ASSET TYPE: Retail ~ ACRES: 23.2 BUYER: Union Investment Real Estate SELLER: DRA Advisors - David Luski SALE PRICE: $79,500,000 SF: 185,372 ~ PPSF: $429

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