SJC sells Whole Foods-anchored shopping center in Palm Beach County for $49M

Investor Yevgeniy Yermakov bought Boynton Beach Marketplace from Atlanta-based firm.

By Francisco Alvarado
01.2.25

SJC sells Whole Foods-anchored shopping center in Palm Beach County for $49M

SJC Ventures' Jeff Garrison, Jeff DeHart and Fain Hicks and 7395 Boynton Beach Boulevard (SJC Ventures, Google Maps, Getty)

SJC Ventures sold a Whole Foods-anchored shopping center for $49.2 million to a Russian investor beefing up his South Florida retail portfolio.

An entity managed by Boca Raton-based investor Yevgeniy Yermakov acquired Boynton Beach Marketplace at 7395 Boynton Beach Boulevard in Palm Beach County, records and real estate database Vizzda show.

The deal breaks down to $712 per square foot for the 69,204-square-foot shopping center. In addition to Whole Foods, other tenants include Tipsy Nail Bar, Madison Reed hair salon, Pacific Dental Services and Orangetheory Fitness.

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