Best Buy and Ikea are combining in the fall to open kitchen and storage-planning services at 10 Best Buy stores, including the one in Boynton Beach at 550 N. Congress Ave. Photo provided
By Christine Davis
Best Buy and Ikea U.S. have partnered to open kitchen and storage planning services in 10 Best Buy stores this fall, including one in Boynton Beach at 550 N. Congress Ave.
This is the first cross-brand retail experience for Ikea U.S., and for Best Buy it’s a step to expand its home-goods market. For shoppers, this shop-in-shop makes it easier to integrate Best Buy appliances into Ikea kitchens and laundry areas.
“This partnership between Ikea and Best Buy is about making great design and functionality more accessible for the many,” said Rob Olson, Ikea U.S.’s chief operating officer. “By bringing together our home furnishing expertise, products and services with Best Buy’s leadership in appliances and technology, we’re creating a one-stop destination where customers can design their dream kitchen, storage solutions or laundry space with ease.”
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New stores and restaurants in downtown Delray Beach include Free People women’s clothing store at 310 E. Atlantic Ave., Suite B; Sapotille clothing store at 321 E. Atlantic Ave., Suite 2; Roka Hula restaurant at 270 E. Atlantic Ave.; Segreto Italia restaurant at 301 NE Third Ave.; Latte and Licks, offering espresso and frozen treats at 1214 E. Atlantic Ave.; Icy Bean cafe at 1200 E. Atlantic Ave.; Gabriella’s Modern Italian restaurant at 40 NE Seventh Ave., Suite 160, and Glimmer Cafe at 325 NE Third Ave.
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Last year, The Coastal Star reported that Premier Estate Properties agent Margit Brandt had listed the compound at 1140 S. Ocean Blvd., Manalapan, for $95 million. At the time, an ocean-to-lake residence owned by a company affiliated with Joe Farrell was under construction.
In May, that property sold for $55.5 million to Whiskey Tango 1120 LLC, which is connected to WeatherTech CEO David MacNeil. Brandt handled both sides of this sale. In April 2024, MacNeil bought the adjacent vacant property at 1120 S. Ocean Blvd. for $38.5 million.
News sources report that MacNeil plans to demolish the under-construction mansion at 1140 S. Ocean Blvd. and expand his 1120 S. Ocean Blvd. property. The lots combined cover 3.6 acres, with 340 feet on the ocean.
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The estate at 2325 S. Ocean Blvd. at the south end of Delray Beach sold for $51.12 million, a citywide record for a home. Photo provided
Massimo Musa sold his 12-bedroom, 19,055-square-foot residence at 2325 S. Ocean Blvd., Delray Beach, for $51.12 million to Eugene and Olga Nonko as co-trustees of Mar Pietra Land Trust.
The sale price is the highest ever recorded for a home in Delray Beach.
Coldwell Banker agent Jonathan Postma handled both sides of the deal.
Musa is the co-founder of several companies in the eye-care industry, and Eugene Nonko co-founded the software company MediaAlpha.
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Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of 1200 Corporate Place Park, a renovated 137,021-square-foot, Class A office property on 5 acres at 1200 N. Federal Highway, Boca Raton.
The asset was purchased by a company led by real estate investor Allen Chelminsky for $31.4 million. “The building was 84% leased at the time of sale, and with approximately 40% of the rentable square footage set to roll over in the next four years,” said Douglas Mandel, IPA’s executive managing director of investments. Mandel, along with Zach Levine and Cody Hershey of Marcus & Millichap, represented the seller, Keystone Property Group.
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Real estate developer Sonny Kahn, with his wife, Suzanne, bought an estate at 1200 S. Ocean Blvd., Manalapan, for $28 million.
The property was sold by an LLC managed by former asset manager Nobel Gulati, with his wife, Ruchi.
The estate is sited on 1.5 acres with 150 feet on the ocean and the Intracoastal Waterway. Marketed as ready for renovation or to build new, the property was listed by agents Nicholas Younker and Seth Benkaddour of William Raveis Real Estate. Christian Redondo of NUNU Realty LLC represented the buyers.
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A firm affiliated with biotech investor Wayne Rothbaum sold an oceanfront lot at 941 S. Ocean Blvd. in Delray Beach for $22 million. The 1.37-acre property, with 110 feet on the ocean, was sold by 941 South Ocean Blvd LLC, managed by Boca Raton-based attorney Daniel A. Kaskel.
Rothbaum had transferred the site to this LLC for $10 in March. It last traded for $8.25 million in 2013. The buyer was 941 Delray Ocean LLC, managed by Coral Springs-based attorney Larry A. Rothenberg. Douglas Elliman agent Nick Malinosky brokered the deal.
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A groundbreaking ceremony was celebrated at Fifth Avenue Townhomes, 152 SE Fifth Ave., Delray Beach. The enclave consists of five three-story residences, designed by Randall Stofft Architects with interiors by Decorators Unlimited. The homes range from 2,966 to 3,017 square feet of living space. Prices start at $2.8 million. The residences feature private elevators, rooftop terraces, plunge pools and flexible living spaces. Completion is slated for spring 2027. Sales and marketing for the property are led by Anne Marie Dietz of Dietz Elber Real Estate, based in Delray Beach. For more information, visit fifthavenuedelray.com or call Dietz at 561-405-8661.
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Lifespace Communities has broken ground on a $49 million expansion project at Harbour’s Edge senior living community at 401 E. Linton Blvd., Delray Beach. When complete, it will add 24 assisted living apartments and 16 memory care apartments to the property. Planned amenities include a garden with a walking path, a third-floor terrace for assisted living residents, a spa, bar, wellness gym, dining rooms, kitchens and activity spaces.
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Guident Corp., an autonomous vehicle company based in Boca Raton, has partnered with the city of Boca Raton to launch an autonomous shuttle service that will run a 2.6-mile loop from Mizner Park to Royal Palm Place. The service is scheduled to start this fall and will operate in collaboration with Circuit, the current operator of shuttle services in Boca Raton. The first phase will cover a 0.6-mile loop within Mizner Park.
The service is scheduled to operate for one year with options to continue beyond that time.
Boca Raton Mayor Scott Singer said, “The city of Boca Raton is pleased to deploy this revolutionary urban transportation service that will showcase the city’s vision for smarter and more sustainable mobility.”
Additionally, Guident and Florida Atlantic University’s I-Sense are collaborating on urban mapping for self-driving cars. I-Sense is a research institute that focuses on developing smart technology and sensors to make roads and other city infrastructure safer and more efficient.
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The Delray Beach Housing Authority and AffordableHousing.com once again conducted their annual backpack giveaway inside the Island Cove Apartments at 900 SW 12th Ave., Delray Beach. This year, 600 children received backpacks with supplies.
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The Greater Lantana Chamber of Commerce and Boynton Beach Chamber of Industry & Commerce are offering a seven-month-long leadership program for small business leaders, which will include tours, projects and networking opportunities. The program starts Oct. 24. Price to attend is $400. To participate, visit lantanachamber.com/2025-2026-leadership-program-enrollment.
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The 10th annual Boca Raton Mayors Ball, hosted by the Rotary Club Downtown Boca Raton and the Terra and Frisbie Group, will be held Nov. 1 at The Boca Raton.
This year’s award winners will be celebrated. They include the Town Center at Boca Raton, which won the George Long Award in the large business category; the George Snow Scholarship Fund, the recipient of the Susan Whelchel Award as the best nonprofit; The Addison, which won the J.C. Mitchell Award in the small business category; and Gary Peters, who won the Addison Mizner Award in the individual category.
George Brown and Jon Kaye will also be honored. Proceeds from the Mayors Ball support local nonprofits committed to health and wellness initiatives. Cost to attend is $495. For more information, call Bob Tucker at 561-289-0436.
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ABOVE (l-r): Max Zengage, Marc Grimes, Sebastian Pacheco, Dante Ferraiolo, Chuck Halberg, Emma Cambell, Luke Saraceni, Darrell Hunter, Aaron Hallyburton and Randy Jackson. Photo provided by Delray Citizens for Delray Police
The Delray Citizens for Delray Police has awarded scholarships to children of officers for 38 years. This year, 15 college scholarships were awarded to children of police officers and professional staff, thanks to support from the Harvey and Virginia Kimmel Foundation and Max Zengage along with the Delray Concours Foundation. The scholarships were given out on July 15 at the Delray Beach police’s quarterly awards ceremony held at the Delray Beach Library.
Christine Davis writes about business and can be reached at cdavis9797@gmail.com.
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