Michael Saba, Michael Saba Jr. & Cassandra Saba Acquire Retail Asset From Juan Ruiz For $5M

The property asset involved in this transaction is located at 7000 Charleston Shores Boulevard in Lake Worth. It is categorized as a retail asset with a total area of 21,490 square feet. The sale price of the property was $5,000,000, resulting in a price per square foot of $232.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 7000 Charleston Shores Boulevard
• Market: Lake Worth
• Square Footage: 21,490
• Price per Square Foot: $232
• Buyer: Michael Saba, Michael Saba Jr. & Cassandra Saba
• Seller: Juan Ruiz
• Buyer's Representative: Michael Mandel - Atlantic Commercial Group
• Seller's Representative: Andrea Gonzalez - Beachfront Realty Inc

The transaction includes key individuals such as Michael Mandel, who represented the buyers, and Andrea Gonzalez, who represented the seller. This highlights the involvement of Atlantic Commercial Group and Beachfront Realty Inc in facilitating the sale. The buyers consist of Michael Saba, Michael Saba Jr., and Cassandra Saba, while the seller is Juan Ruiz.