CenterSquare Investment Management Acquires Retail Property In Boca Raton For $24.55M
9940 Yamato Road, 19102, 19110 & 19120 South State Road 7
Retail
46,000 SF
46,000 SF
Sold 1 year ago
Summary
CenterSquare Investment Management has acquired a retail property in Boca Raton for $24,550,000. Located at 9940 Yamato Road, 19102, 19110 & 19120 South State Road 7, the property spans approximately 10.8 acres. The transaction was facilitated by the seller, Power Center I - Martin Osher, and the buyer was represented by Douglas K. Mandel of Marcus & Millichap.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,550,000
- Square Footage: 46,000
- Price per Square Foot: $534
- Address: 9940 Yamato Road, 19102, 19110 & 19120 South State Road 7, Boca Raton
- Market: Boca Raton
The property acquisition by CenterSquare Investment Management was made possible through the representation of Douglas K. Mandel from Marcus & Millichap. This transaction showcases the investment firm's strategic move in the retail sector of Boca Raton.
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9940 Yamato Road, 19102, 19110 & 19120 South State Road 7
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