A joint venture of two Boca Raton-based real estate firms bought retail-office complex Boca Lake for $10.3 million.
Pebb Enterprises and Banyan Development, which are partnering on several Palm Beach County projects, bought the property from Boca Lake Retail Inc. and Stanford Lake Hotel Inc. on Wednesday.
The multi-building property sits on a 7.2-acre site on the southeast corner of Boca Glades Road and Boca Grove Boulevard.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
