Palm Coast Invst LLC Acquires Retail Property In West Palm Beach For $24.75M

The retail property located at 7629 South Dixie Highway in West Palm Beach has been sold in a recent transaction. The property spans 21.3 acres and has a total square footage of 246,753. The sale price for this transaction was $24,750,000, resulting in a price per square foot of $100. The buyer of the property is Palm Coast Invst LLC, represented by Edmund H. Beebe and Johnstone Capital Partners. The seller is Dacar Management. Valley National Bank provided the financing for this transaction.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $24,750,000
• Address: 7629 South Dixie Highway, West Palm Beach
• Market: West Palm Beach
• Acres: 21.3
• Square Footage: 246,753
• Price per Square Foot: $100

In addition to the buyer and seller, the key individuals and companies involved in this transaction include Palm Coast Invst LLC, Edmund H. Beebe, Johnstone Capital Partners, and Dacar Management. Valley National Bank acted as the lender for this deal.