Colliers Executive Vice President Mark M. Rubin and Senior Vice President Bastian Schauer of the South Florida Investment Services Team collaborated with Executive Vice President Gary A. Gottlieb in representing the seller in the transaction.
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The building is now 94% occupied.
After spending the past three years as a Managing Director with Newmark, he will focus on servicing local, national, and global office users across various industries including financial services firms, banks, and professional services firms, to plan and execute their corporate real estate strategies.
The travel technology company will relocate its headquarters from Downtown West Palm Beach.
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At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
Most recently, the company leased 47,819 square feet of new office space to accommodate critical administrative and operational functions.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.
Alms Health had occupied the office for nearly a decade.