Rick Baer Of ACR KP Delray Purchases Retail Property In Delray Beach For $18.3M

The property involved in this transaction is a retail asset located at 6600 West Atlantic Avenue in the Delray Beach market. The transaction was completed for a sale price of $18,300,000, and the asset encompasses a total square footage of 77,852. The price per square foot amounts to $235.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $18,300,000
• Address: 6600 West Atlantic Avenue
• Market: Delray Beach
• Square Footage: 77,852
• Price per Square Foot: $235
• Buyer: Rick Baer - ACR KP Delray
• Seller: Russell Bornstein - Partners of Kings Point
• Seller's Representative: Mark M. Rubin, Bastian Schauer & Russell Bornstein - Colliers

This transaction involved key individuals including Rick Baer representing the buyer and Russell Bornstein representing the seller. The seller was represented by a brokerage team consisting of Mark M. Rubin, Bastian Schauer, and Russell Bornstein, all associated with Colliers. This collaboration highlights the professional efforts involved in facilitating the transaction.