November 15, 2012
Announcing the Sale of West Palm Beach, Net-Leased Walgreens for $4.6MM
Atlanta, November, 15, 2012 – Ackerman & Co. has brokered the sale of a 15,120-square-foot single tenant, net-leased Walgreens in West Palm Beach, Fla. for $4,635,000. The West Palm Beach Walgreens, built in 2001, is located at a highly traveled corner site adjacent to the Palm Beach International Airport.
The Ackerman & Co. investment sales team of Jason Powell and Sean Patrick represented the seller, a Washington D.C. private investor, in the transaction. The property was purchased by an affiliate of BMD Management out of Pompano Beach, Fla. The buyer was represented by Mark Myers of Park Place Realty, also located in Pompano Beach.
– About Ackerman & Co. –
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.
The company’s Investment Sales and Retail team provide unsurpassed institutional underwriting and marketing that ensure optimum financial results. Our clients trust us with more than $300 million of active listings.
For more information on Ackerman & Co., visit www.ackermanco.com