Boca Raton, FL
In 2018, a Crow Holdings Capital fund acquired Palms Plaza, a 68,976-square-foot, neighborhood shopping center located in Boca Raton, one of South Florida’s most affluent communities. Situated on a major retail corridor and anchored by one of the top kosher supermarkets in the country, Palms Plaza included a mix of internet-resistant retailers. The combination of strong demographics, lack of new supply, and a curated tenant mix for the surrounding neighborhood allowed the Fund to drive value via increased rents, executing the initial business plan and culminating in a successful exit in 2022.
“Do the right thing because it’s the right thing to do.” “ ”
- Trammell Crow