PEBB Enterprises Acquires Retail Property In Delray Beach For $10.5M
5024-5070 West Atlantic Avenue
71,000 SF
Summary
The retail property located at 5024-5070 W. Atlantic Ave in Delray Beach has been sold in a recent transaction. The property spans approximately 71,000 square feet and was sold at a price of $10,500,000, resulting in a price per square foot of $148. The buyer in this transaction is PEBB Enterprises, represented by Ian Weiner and Dan Haines. The seller is Topvalco Inc.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,500,000
- Square Footage: 71,000
- Price per Square Foot: $148
- Buyer: PEBB Enterprises - Ian Weiner & Dan Haines
- Seller: Topvalco Inc.
The deal's key individuals include Ian Weiner and Dan Haines, who represent PEBB Enterprises in the transaction. They successfully acquired the retail property located at 5024-5070 W. Atlantic Ave in Delray Beach from Topvalco Inc. The purchase price for the property was $10,500,000, and it encompasses approximately 71,000 square feet, resulting in a price per square foot of $148.
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