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| 200 East, Boca Raton, FL |
BOCA RATON, FL -- Recent sales at 200 East in downtown
Boca reflect an accelerated growth pattern in the luxury Boca Raton residential
real estate market.
The luxury condo project located in downtown sold nine new
residences in the months of October and November with a total price tag of $7
million. Most are scheduled for closing this month.
Market analysis completed by Nestler Poletto
Sotheby’s International Realty with numbers from the Regional Multiple List
Service, indicates a 120 percent increase in the number of sales in Boca Raton
as compared to the same period in 2011 for properties valued at $600,000 to $3
million.
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| John Poletto |
“The summer was a steady time, but the increase since
October began has been extremely dramatic,” said John Poletto, principal
of Nestler Poletto Sotheby’s International Realty. “I believe we’re going to
wrap up 2012 with record sales.”
200 East is now 90 percent occupied.
For more information on 200 East, please contact Nestler Poletto
Sotheby’s International Realty at 561-368-5105. The property is located at 200 East Palmetto Park Road, Boca
Raton, FL.
For a complete copy of the company’s news release, please
contact::
Katie Ward or Laura Burns
Boardroom Communications
954-370-8999
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