Joint venture sheds South Florida portfolio

Deal includes 7 structures on several acres

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RJS Realty Group on Tuesday announced the sale of a portfolio of four properties located in Delray Beach, Fla., for more than $33 million. The properties included Linton Center, a three-building office complex located on a 10-acre parcel at the southeast corner of Federal Highway and Linton Boulevard, containing 84,819 square feet. Also sold were Palm Plaza and Sand & Sea Building, two mixed-use properties on Atlantic Avenue, and a two-building, single-tenant office complex on S.E. Third Avenue, just south of Atlantic Avenue. Delray Beach-based Patrick Lynch and related entity Atlantic Avenue Partners II LLC sold the property to an undisclosed buyer. RJS Realty Group, a provider of investment real estate advisory and brokerage services, was the exclusive agent for the seller and the sole broker in the transaction. ...