3.93-ACRE SITE ALONG NORTH FEDERAL HIGHWAY PURCHASED FOR AUTOMOTIVE RETAIL USE

Delray Beach, FL – June 23, 2011 – (RealEstateRama) — FL-PB Park Place, LLC sold the 3.93-acre lot along North Federal Highway for $1,450,000 to an undisclosed buyer. Located just north of Maroone Volkswagon at 2419-2605 N Federal Highway, the vacant lot was once slated for a mixed-use development project dubbed Parc Place North. In 2005, the site was approved the development of 45 residential units as well as office and retail components.


More info...

SHARE
Avatar

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627

Previous articleJOSEPH ROSARIO JOINS CUSHMAN & WAKEFIELD IN EAST RUTHERFORD, N.J.
Next articleNATIONAL HOUSING CONFERENCE HONORS TWO OF HOUSING’S GREATS