Canal Point
Canal Point, FL · Business
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Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail Center
Urban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens. Urban Edge underwrote the acquisition based on rent-growth opportunities rather than the approximately 4% going-in...
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27 Single-Family Homes Undergo Construction at 11368 Polo Park Trail, Wellington, Florida
A New York-based firm has secured financing for a luxury residential development in Palm Beach County. Farrell Florida Wellington Owner LLC is proceeding with Farrell Estates Wellington, which will feature 27 single-family homes within the larger Palm Beach Polo and Country Club community. Homes will measure two stories above grade and host anywhere from five to eight bedrooms, depending on the floorplan. The largest units are capped at 8,900 square feet. Our sources report that homes are currently priced from $6 million.
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cbs12.com
Air defense missile systems deployed at DJT airport, on barge near Mar-a-Lago
PALM BEACH, Fla. (CBS12) — Missile systems are adding protection against airborne threats. The equipment is positioned on a barge near Mar-a-Lago and at President Donald J. Trump International Airport. Former Navy fighter pilot Matthew “Whiz” Buckley says it can counter drones and aircraft threatening President Donald Trump....
hometextilestoday.com
What went into ABC Carpet & Home’s move into Florida
New York — While its roots in New York run deep, ABC Carpet & Home saw plenty of compelling reasons to branch out into South Florida for its latest showroom. The New York-based retailer of area rugs, furniture and home décor announced its expansion to Boca Raton, Fla. earlier this month. Located at 601 N. Federal Highway, the 18,000-square-foot showroom features more than 5,000 rugs, including custom and one-of-a-kind pieces, alongside furniture, bedding, bath, kitchen, tabletop and décor. It joins showrooms in New York and Greenwich, Conn., with a Long Island location at Belmont Park Village coming soon.