Alderman WPB, LLC Acquires Retail Property In West Palm Beach For $8.07M | 1225, 1237 & 1249 Palm Beach Lakes Boulevard | Joseph Prio, Alan Lipsky, Barry Wolfe | Retail | Sale

Summary

Sale

FLORIDA

Retail

4,900 sqft

The property involved in the transaction is a retail asset located at 1225, 1237 & 1249 Palm Beach Lakes Blvd in West Palm Beach. The sale took place on 09/13/2022.

Summary of transaction details

Property Type: Retail
Transaction Amount: $8,072,000
Square Footage: 4,900
Price per Square Foot: $1,647
Address: 1225, 1237 & 1249 Palm Beach Lakes Blvd, West Palm Beach
Market: West Palm Beach

The buyer of the property is Alderman WPB, LLC, while the seller is SDP Palm Beach Lakes, LLC. The transaction was facilitated by Marcus & Millichap, with Alan Lipsky, Barry Wolfe, and Joseph Prio representing the buyer and seller.

Players

All
4

Agents
3
Agencies
1

Joseph Prio

Associate

$18M Sold

Alan Lipsky

Senior Vice President Investments

$61.4M Sold

Barry Wolfe

Senior Managing Director

$104.1M Sold

Details

Deal Summary

SOLD

IMAGE: Alan Lipsky, Barry Wolfe & Joseph Prio DATE: 09/13/2022 ADDRESS: 1225, 1237 & 1249 Palm Beach Lakes Blvd MARKET: West Palm Beach ASSET TYPE: Retail BUYER: Alderman WPB, LLC SELLER: SDP Palm Beach Lakes, LLC BROKERS: Alan Lipsky, Barry Wolfe & Joseph Prio - Marcus & Millichap SALE PRICE: $8,072,000 SF: 4,900 ~ PPSF: $1,647

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Address1225, 1237 & 1249 Palm Beach Lakes Boulevard

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