The Real Deal Miami

Lantana deal marks first Palm Beach County retail center sale in 2012

May 30, 2012 10:30AM

The sale of the Shoppes at Sherbrooke in Palm Beach County late last month was the first sale of a retail center in the county this year, according to the Palm Beach Post. The property was purchased by Phoenix-based Cole Capital for $10.5 million from seller ABNK Lake Worth, a limited liability company. Katy Welsh, president of Hunter Real Estate Brokerage, handled the deal for the center, which his anchored by an L.A. Fitness. The property had been for sale since August 2011. [Palm Beach Post]