Yellowbird International Acquires Retail Property In Royal Palm Beach For $10M

Yellowbird International has recently acquired a retail property located at 200-650 Royal Palm Beach Blvd in Royal Palm Beach. The property, which spans 97,000 square feet, was sold for a total of $10,000,000. The transaction took place on May 18, 2021, with the buyer being represented by Douglas Mandel & Elon Gerberg. The seller in this deal was the Royal Palm Beach Shopping Plaza & Medical Center.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,000,000
• Address: 200-650 Royal Palm Beach Blvd
• Market: Royal Palm Beach
• Buyer: Yellowbird International
• Seller: Royal Palm Beach Shopping Plaza & Medical Center
• Brokers: Elon Gerberg & Douglas Mandel
• Square Footage: 97,000
• Price Per Square Foot: $103

The sale of this retail property signifies a successful transaction for both parties involved. Yellowbird International, represented by Douglas Mandel & Elon Gerberg, was able to secure the property in Royal Palm Beach. The Royal Palm Beach Shopping Plaza & Medical Center acted as the seller in this deal. With a total sale price of $10,000,000 and a price per square foot of $103, this transaction highlights the value of this retail asset in the market.