South Florida’s top deals: Mennellas scoop up Manalapan site for $52M

by Mary Diduch

🏆 Commercial: The top commercial real estate deal to hit records was in Boca Raton, where a warehouse at 1095 Northwest Broken Sound Parkway sold for $12.7 million. The seller was an LLC tied to Allen Chelminsky, and the buyer was 1095 Broken Sound LP. The property spans about 54,000 square feet and was last sold in 2023 for $10.8 million. The DeMarco Real Estate Group of REMAX 5 Star Realty represented both the buyer and seller in the transaction. 🏆 Residential: Manalapan had the priciest home sale, where Frank and Dolores Mennella dropped $51.7 million on a 1.5-acre ocean-to-lake […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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