The Real Deal Miami

Blackstone pays $12M for Boynton Beach shopping center

The property last traded for $10.5 million in April 2012
November 13, 2014 03:00PM

6022 Lyons Road

6022 Lyons Road

Blackstone picked up an LA Fitness-anchored shopping plaza west of Boynton Beach for $12 million.

Cole MT Lake Worth, an affiliate of Phoenix-based REIT American Realty Capital Properties, sold the property, located at 8888 Lantana Road and 6022 Lyons Road, according to the South Florida Business Journal

The 61,872-square-foot shopping center last traded for $10.5 million in April 2012. It was built in 2004. [South Florida Business Journal]Christopher Cameron