In-Rel Management buys Plaza 66 center

BUYER: Plaza 66 LLC (principals: Charles Stein and Dennis Udwin), Lake Worth
SELLER: HK New Plan Exchange Property
PROPERTY: 4665 66th St. N., Kenneth City
PRICE: $6.5 million
PREVIOUS PRICE: $6.34 million, December 2002
LAW FIRM ON DEED: Sills Cummis & Gross PC, New Jersey, N.J.
PLANS, DESCRIPTION: Lake Worth-based commercial real estate firm In-Rel Management Inc. purchased the 95,320 square foot Plaza 66 shopping center on 66th Street, north of U.S. 19, for $6.5 million. The purchase price equates to $68 per square foot of retail space.