
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 .
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