The Real Deal Miami

Boynton Town Center sells for $59M

March 08, 2011 02:54PM

Boynton Town Center, which is located in Boynton Beach across from the
Boynton Beach Mall, has been sold for $59 million.
Current tenants include 5 Guys Burgers, LensCrafters and Massage Envy.
The seller, an affiliate of the Sembler Company, was represented by CB
Richard Ellis. The buyer was Morguard Investments, which is based in
Canada. The site, which opened in 2007, includes 202,000 square feet. It
is anchored by SuperTarget, Best Buy and Michael’s. TRD