JLL Capital Markets brokers $33 million sale of the 52,152-square-foot Mainstreet at Boynton retail center in Boynton Beach, FL

Kim Flores

 

 MIAMI, FL, Sept. 13, 2022 – JLL Capital Markets has closed the $33 million sale of Mainstreet at Boynton, a 52,152-square-foot, grocery-anchored retail center located in Boynton Beach, Florida.

 JLL represented the seller, a joint venture between PEBB Enterprises and Banyan Development, and procured the buyer, Carlyle Management Corp.

Danny Finkle

The JLL Retail Capital Markets Investment Sales and Advisory team that represented the seller was led by Senior Managing Director Danny Finkle, Senior Director Eric Williams and Vice President Kim Flores.

 “The PEBB Enterprises and Banyan Development teams delivered another high-quality, first-class grocery-anchored development in Mainstreet at Boynton that was extremely well received by the investment community and will be an excellent addition to the buyer’s portfolio,” Williams said.

 Mainstreet at Boynton, 
6405 West Boynton Beach Boulevard,
 Boynton Beach, FL

“We continue to experience outstanding demand for grocery-anchored centers throughout Florida, with an influx of new investors on nearly every transaction we have had the fortune to be a part of this year.”

Constructed in 2021/2022, Mainstreet at Boynton is currently 100% leased to a strong tenant roster that is 90.5% comprised of national tenants.

 CONTACT:

Jenna Sharp,

 JLL Associate

Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com