MIAMI—Wellington Green Commons, an 112,354-square-foot, Whole Foods-anchored retail center the Palm Beach County, FL city of Wellington, just traded hands. The sale price was $53.5 million.
HFF senior managing director Daniel Finkle, managing director Luis Castillo, associate director Nat Scarmazzi, and director analyst Kim Flores marketed the property on behalf of the seller, Schmier & Feurring Properties. Weingarten Realty Investors purchased the asset.
“Wellington Green Commons is one of South Florida's premier grocery-anchored centers with the highly desirable combination of dynamic tenancy, affluent demographics, and a prime location on the market's primary commercial corridor,” Finkle tells GlobeSt.com. “Opportunities of this quality in South Florida are rare and Wellington Green Commons should remain a dominant and highly productive center for years to come.”
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