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Delray Professional Center Sold

36,813-SF Building Sells for $2.6 Million
By Regina Koenig
June 2, 2003 | 3:46 P.M.

Yomtob Investments LLC purchased Delray Professional Center from Delray Professional Center LTD for $2.6 million, $70.63 per square foot. The building is located at 14000 North Military Trail in Delray Beach, FL. Delray Professional Center is a 36,813-square-foot, two-story, multi-tenant office building with a glass curtain wall exterior and parking garage, built in 1987. The building was 95% leased at the time of purchase and bought as an income producing investment according to Bert Freehof of Brenner Real Estate Group, the seller representative. Duff Rubin of Jack Lupo Realty represented the buyer.

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News | Delray Professional Center Sold