X
Upcoming Stories
Florida & Gulf Coast CRE News In Your Inbox .

Florida & Gulf Coast   /   February 11, 2021

David Cohen
By: David Cohen

IPA Arranges Sale of 34K-SF Shopping Center in Delray Beach

Institutional Property Advisors has arranged the sale of North Delray Commons, a 34,087-square-foot Publix-anchored shopping center in Delray Beach. The sales price was undisclosed.

Located a few blocks north of Downtown Delray Beach, the shopping center is surrounded by many existing and planned developments, including 1,400 multifamily units and 950,000 square feet of mixed-use, hospitality, retail and office space. The center was constructed on more than three acres in 2001. Additional tenants at the center include Lina Nails, UPS, AT&T and Jersey Mike’s Subs.

Kirk Olson and Drew Kristol of IPA represented the seller, an institutional investor with several offices throughout the country. The buyer was Benderson Development.

Connect
Inside The Story
About the Author

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
Email the Author

New call-to-action
New call-to-action
New call-to-action
New call-to-action
© ConnectCRE 2021 / 515 S Figueroa St., Suite 350, Los Angeles, CA 90071.
Contact Us / Policies, Privacy & DisclosuresSubmit Press Release / 
magnifiermenu