Atlantic Commercial Group Completes Sale Of Downtown Delray Building

Jul 19, 2015 No Comments by

Gary Broidis, Principal of Delray Beach-based Atlantic Commercial Group, Inc. recently announced the completion of the sale of 630-638 E. Atlantic Avenue, located in downtown Delray Beach.

630-638 e atlantic avenue-northwood buildingLocated directly on Atlantic Avenue and approx. 1 block east of Federal Highway, the property is comprised of approximately 10,000 square feet of ground floor retail space and 2nd floor office space.

The sales price was not disclosed.

Per Gary Broidis, this was an “off-market” transaction. Broidis is a limited partner of the Buyer, a subsidiary of Thor Equities, based in New York City.

 

“Located directly across the street from the proposed Atlantic Crossing project, this property represents a significant property on the Avenue that is well-positioned for long term growth and appreciation,” said Mr. Broidis.

 

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Industry News, Palm Beach County Retail, Retail
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