Deerfield costume vendor buys Boca Raton theater

Miami /
May.May 01, 2016 11:00 AM

Deerfield Beach-based Costume World, a vendor to producers of theatrical performances, bought the Wick Theatre & Costume Museum in Boca Raton for $5.2 million.

The sale price was $173 per square foot for the 30,000-square-foot property at 7901 North Federal Highway.

Costume World leased the building in 2013 under an agreement giving the company an option to purchase the building. The building once was owned by the Caldwell Theatre Co., which lost the building in 2012 via foreclosure.

Marilynn Wick, who runs Costume World, told the Palm Beach Post last week that her company exercised the option to buy the building on North Federal Highway.

She also told the Post, “I leased it and put $1.5 million into the building before I knew I was going to buy it. That’s not the best business deal you could make, but the community really got behind it.” [Palm Beach Post] — Mike Seemuth


Related Articles

arrow_forward_ios
Stateland Brown owner-brokers Ayal Frist and Dan Statlander with one of the properties, City National Bank Plaza at 7000 West Palmetto Park (Google Maps)
TJAC Development sells mixed-use portfolio near Boca Raton for $155M
TJAC Development sells mixed-use portfolio near Boca Raton for $155M
Gary Bettman and 4020 Ibis Point Circle, Boca Raton (Getty, Google Maps)
NHL commissioner Gary Bettman buys Boca Raton mansion
NHL commissioner Gary Bettman buys Boca Raton mansion
AeroEquity Partners' Michael Greene and David Rowe with 6700 Northwest Broken Sound Parkway, Boca Raton (AeroEquity; CBRE)
Private equity firm pays $6M for Boca Raton office building
Private equity firm pays $6M for Boca Raton office building
Jeffrey A. Levitetz and 5001 Egret Point Circle, Boca Raton (Purity Wholesale, Google Maps)
Grocery distributor sells waterfront Boca Raton mansion for $16M
Grocery distributor sells waterfront Boca Raton mansion for $16M
Steven R. Dingle and the property he sold at 298 West Key Palm Road. (SRD Building Corp, Royal Palm)
Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
Investcorp co- CEOs Hazem Ben-Gacem and Rishi Kapoor, Ventures CEO Tom Scott and 135 Northwest 20th Street in Boca Raton (Investcorp; Ventures; Google Maps)
CA Ventures buys Boca Raton apartment complex for $80M
CA Ventures buys Boca Raton apartment complex for $80M
Bill Pulte and 2020 Royal Palm Way, Boca Raton (Bill Pulte, Royal Palm)
Bill Pulte buys waterfront teardown in Boca Raton for $6M
Bill Pulte buys waterfront teardown in Boca Raton for $6M
North American Development Group CEO John Preston and the Via Mizner Golf & Country Club at 6200 Boca Del Mar Dr (NADG; Google Maps)
Multifamily developer buys former Boca Raton golf course
Multifamily developer buys former Boca Raton golf course
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...