SOLD
Edens Acquires Shadowood Square Retail Plaza In Boca Raton For $88.4M
9789 Glades Road
Retail
261,000 SF
261,000 SF
Sold 266 days ago
Summary
Sale
FLORIDA
Retail
261,000 sqft
Edens has purchased the Shadowood Square shopping plaza near Boca Raton for $88.4 million from a partnership led by Evelyn Langlieb Greer. The plaza, located at 9789 Glades Road, spans 29 acres and consists of 261,000 square feet of retail space. The transaction reflects a price per square foot of $339. Edens plans to redevelop the plaza in line with its focus on retail real estate.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $88,400,000
- Address: 9789 Glades Road
- Market: Boca Raton
- Acres: 29
- Square Feet: 261,000
- Price per Square Foot: $339
The buyer, Edens, made the acquisition with Jodie McLean leading the deal. Mark Gilbert and Adam Feinstein of Cushman & Wakefield represented the seller, Evelyn Langlieb Greer. The purchase of the Shadowood Square shopping plaza aligns with Edens' strategic vision for retail property redevelopment.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Mark Gilbert, Jodie McLean & Adam Feinstein
DATE: 08/15/2023
ADDRESS: 9789 Glades Road
MARKET: Boca Raton
ASSET TYPE: Retail ~ ACRES: 29
BUYER: Edens (@WeAreEdens) - Jodie McLean
SELLER: Evelyn Langlieb Greer
BROKERS: Mark Gilbert & Adam Feinstein - Cushman & Wakefield (@CushWake)
SALE PRICE: $88,400,000
SF: 261,000 ~ PPSF: $339
NOTE: Edens has purchased the Shadowood Square shopping plaza near Boca Raton for $88.4 million from a partnership led by Evelyn Langlieb Greer. Edens aims to redevelop the 261,000-square-foot plaza, aligning with its retail real estate focus.View on map
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Address9789 Glades Road
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