BOYNTON BEACH, FL-An affiliate of Woolbright Development in Boca Raton has sold a Publix-anchored retail center at 10935 S. Jog Road near Boynton Beach. Woolbright Jog LLC has sold the shopping center, which measures 154,968 square feet, to Valencia Square Retail, a subsidiary of Principal Real Estate Investors, for $52.4 million.
In 2010, Woolbright Jog altered its $53.3-million loan with Bank of America. Woolbright has been hit in recent years with several foreclosure lawsuits. For the full story, go to South Florida Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
