Related To Pay $630 PSF For West Palm Beach’s Phillips Point Office Towers
When it closes in two weeks, it will be South Florida’s largest office sale in more than a year.
When it closes in two weeks, it will be South Florida’s largest office sale in more than a year.
AEW Capital Management, L.P. purchased the asset. CLICK ON THE HEADLINE FOR MORE
The deal represents the third major office deal on Alhambra Circle this month. CLICK ON THE HEADLINE FOR MORE
AEW Capital Management picked up the office towers for $245.5 million. CLICK ON THE HEADLINE FOR MORE
The 489,000-square-foot multifamily building was built in 2014. CLICK ON THE HEADLINE FOR MORE
The company has been doing business in South Florida for more than 35 years. CLICK ON THE HEADLINE FOR MORE
The building last sold in 2004 for $35.8 million. CLICK ON THE HEADLINE FOR MORE
Global aviation solutions provider AeroTurbine relocated from the building to a new 200,214-square-foot location in Miramar in 2012. CLICK ON THE HEADLINE FOR MORE
An additional 53,853 square feet was leased in renewals and/or expansions. CLICK ON THE HEADLINE FOR MORE
The seller, AEW Capital Management LP, was represented by Alexander Bernaldo and Jon Aibel of Americas Industrial Realty Corp. CLICK ON THE HEADLINE FOR MORE