SOLD
Nelson Ferreira Acquires Retail Property In North Palm Beach From Martin Osher & Irving Osher For $36M
11201-11261 US Highway 1
Retail
98,846 SF
98,846 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Retail
98,846 sqft
Located in North Palm Beach, the property at 11201-11261 US Highway 1 has recently been sold. The retail asset, spanning approximately 98,846 square feet, was purchased for a total of $36,000,000. The transaction took place on June 1, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $36,000,000
- Address: 11201-11261 US Highway 1, North Palm Beach
- Square Footage: 98,846
The buyer for this property was Nelson Ferreira, while the sellers were Martin Osher and Irving Osher. Representing the deal on behalf of the buyer and seller were Tyler S. Kuhlman and Douglas K. Mandel from Marcus & Millichap.
With its strategic location and impressive square footage, this retail property offers great potential for future development. The transaction represents a lucrative investment opportunity in the bustling North Palm Beach market.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Tyler S. Kuhlman & Douglas K. Mandel
DATE: 06/01/2022
ADDRESS: 11201-11261 US Highway 1
MARKET: North Palm Beach
ASSET TYPE: Retail
BUYER: Nelson Ferreira
SELLER: Martin Osher & Irving Osher
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_) & Douglas K. Mandel - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $36,000,000
SF: 98,846 ~ PPSF: $364View on map
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Address11201-11261 US Highway 1
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