Friday, April 3, 2015

Menin Development buys downtown Delray Beach retail properties

An affiliate of Menin Development acquired the George Buildings, a retail strip in bustling downtown Delray Beach, for $19.5 million. Marcus & Millichap’s Howard Bregman represented seller Abeleina Properties, managed by Robert A. George in Fort Lauderdale. The property has belonged to the George family for about 100 years. “The offering attracted a great deal of interest from local, regional, national and international retail property investors,” Bregman said in a news release. “The buyer…

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