Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail Center
Urban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens.
Urban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens. Urban Edge underwrote the acquisition based on rent-growth opportunities rather than the approximately 4% going-in yield. Both anchor tenants pay... The post Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail Center appeared first on Connect CR
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- Connect CREconnectcre.com
