PEBB Enterprises offloaded Delray Landing, a Sprouts-anchored neighborhood shopping center in Delray Beach. PEBB, in a joint venture with Topvalco Inc., sold the 70,000 square foot property for $30 million to 30 Realty LLC.

Eric Williams and Cole Frantz from Newmark represented the seller in the transaction. 

Located at 5024–5070 W. Atlantic Ave., Delray Landing underwent a comprehensive redevelopment during PEBB and Topvalco’s ownership. The shopping center is home to a mix of national and local tenants, including Retro Fitness, Keke’s Breakfast Café, CJ’s Sports Bar & Grill and Good Vets.

PEBB has a long history with the property, having previously purchased Delray Landing -formerly known as Delray Commons – in 2003 and owning it for more than a decade before selling it in 2015. Topvalco acquired the property three years later, and the firms partnered again in 2021.