Palm Beach Office Campus Trades For $81 Million
The three Class-A office buildings total 222,682 square feet.
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The three Class-A office buildings total 222,682 square feet.
The company is aggressively seeking prospective Pink Bird sites on Florida’s east coast, from Broward to Brevard counties, with minimum dimensions of 150 x 200 feet, in high traffic locations with left-in access and strong retail co-tenancy.
The park will eventually span more than 1.3 million square feet of space.
The project will reinvigorate the nearly three acres of underutilized parking lots behind Grover Corlew’s 2401 Atlantic and 2335 Atlantic office buildings.
The company connects merchants and customers into a single unified shopping experience through access to data, information, and capital.
JLL’s Eric Groffman, Cameron Tallon, and Emily Brais will spearhead leasing efforts.
The buyer is Cochise Capital, a Los Angeles-based investment firm with a growing presence in South Florida.
The portfolio sold for $49 million.
The second phase will consist of 342 rental units on a 2.7-acre development site with over 400 feet of unobstructed water frontage along the Miami River.
Transwestern’s Carlos Gaviria, Walter Byrd, Ben Eisenberg and Thomas Kresse represented the tenant in the transaction.
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