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Barlington Group Acquires Retail Property In Lake Worth, Palm Beach For $14.4M

7330 Lake Worth Road
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This Retail property located in FL was sold for $14,400,000 almost 2 years ago. The brokers of the deal were Douglas (Doug) Mandel and Arnaldo Cantero III

Located in Lake Worth, Palm Beach, the retail property at 7330 Lake Worth Rd has been sold in a recent transaction. The property spans across 78,000 square feet and sits on 12 acres of land. The sale price for this asset was $14,400,000, resulting in a price per square foot of $185 and a price per acre of $1,200,000. The transaction took place on April 18, 2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $14,400,000
  • Address: 7330 Lake Worth Rd
  • Market: Lake Worth, Palm Beach

The buyer of the property was Barlington Group, represented by Martin Pinilla II and Bill Fuller. On the other hand, the seller was JJD Associates, with David Ezagui as the representative. The brokers involved in the deal include Doug Mandel from Marcus & Millichap and Arnaldo Cantero from BGRS Commercial Real Estate Advisory.

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Deals
  • Location
    7330 Lake Worth Road, Lake Worth, Florida 33467, United States7330 Lake Worth Road, Lake Worth, Florida 33467, United States
  • Sale Price
    $14,400,000$14,400,000
    $184 PPSF$184 PPSF
  • Area
    78,000 SF78,000 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Douglas (Doug) Mandel

Douglas (Doug) Mandel

Deals43
Sold$662.3M

Arnaldo Cantero III

Arnaldo Cantero III

Deals4
Sold$23.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Doug Mandel, Martin Pinilla II, Bill Fuller & Arnaldo Cantero DATE: 04/18/2022 ADDRESS: 7330 Lake Worth Rd MARKET: Lake Worth, Palm Beach ASSET TYPE: Retail BUYER: Barlington Group - Martin Pinilla II & Bill Fuller SELLER: JJD Associates - David Ezagui BROKERS: Doug Mandel (@DougMandel) - Marcus & Millichap (@MarcusMillichap_Fl) & Arnaldo Cantero (@Acantero36) - BGRS Commercial Real Estate Advisory (@Bgrs_Real_Estate_Advisory) (@Bgrs_Commercial) SALE PRICE: $14,400,000 SF: 78,000 ~ PPSF: $185 ACRES: 12 ~ PPA: $1,200,000

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7330 Lake Worth Road

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