REBusinessOnline

Continental Realty Sells Retail Center in Florida for $7.5M

Office Depot 101 S. State Road 7 Royal Palm Beach

The 30,500-square-foot retail center located at 101 S. State Road 7 in Royal Palm Beach, Fla., was fully leased at the time of sale to Office Depot and Mattress Firm.

ROYAL PALM BEACH, FLA. — Baltimore-based Continental Realty Corp. has sold a 30,500-square-foot retail center located at 101 S. State Road 7 in Royal Palm Beach for $7.5 million. The property was fully leased at the time of sale to Office Depot and Mattress Firm. Uriel Investments LLC purchased the property from the seller’s investment fund, CRC Fund III. David Donnellan and Mark Drazek of CBRE represented Continental Realty in the transaction. Alexandra Escudero of Fortune International Realty represented the buyer.

Get more news delivered to your inbox. Subscribe to France Media's twice-weekly regional e-newsletters. Click here.



Related News

Content Partners