Marcus & Millichap Arranges Sale Of Downtown West Palm Beach Office Building
Plans for the parking lot include a 12-story, 100,000 square foot Class “A” office tower on top of structured parking.
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Plans for the parking lot include a 12-story, 100,000 square foot Class “A” office tower on top of structured parking.
“We have known Les and Steve for many years and we have a long history and successful track record working together to complete sale and lease transactions due to our close communication, trust and confidence in each other’s abilities,” explained Alan Levy. “It has been such a pleasure to work with both of them again on these recent deals.”
The properties comprise 656 units.
The acquisition increases the company’s South Florida portfolio to 103 buildings totaling over 5.4 million square feet.
“This free-standing, single-user industrial building is a rare find that is in high demand in today’s highly competitive industrial market,” said Etner.
The 92,972-square-foot development site, which is located at 16 SE 2nd St in downtown Miami, is currently home to a parking lot.
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