Barlington Group Acquires Retail Property In Lake Worth, Palm Beach For $14.4M

Located in Lake Worth, Palm Beach, the retail property at 7330 Lake Worth Rd has been sold in a recent transaction. The property spans across 78,000 square feet and sits on 12 acres of land. The sale price for this asset was $14,400,000, resulting in a price per square foot of $185 and a price per acre of $1,200,000. The transaction took place on April 18, 2022.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $14,400,000
• Address: 7330 Lake Worth Rd
• Market: Lake Worth, Palm Beach

The buyer of the property was Barlington Group, represented by Martin Pinilla II and Bill Fuller. On the other hand, the seller was JJD Associates, with David Ezagui as the representative. The brokers involved in the deal include Doug Mandel from Marcus & Millichap and Arnaldo Cantero from BGRS Commercial Real Estate Advisory.