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Palm Beach Business Center GP Acquires Office Building On Village Blvd In West Palm Beach For $13.7M

Property Image
SOLD
$13,700,000
Scott O'Donnell
Michael (Mike) Ciadella
+ 2

California

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Office699,540 SF
Sold 06/10/2020
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Property Image
SOLD

Palm Beach Business Center GP Acquires Office Building On Village Blvd In West Palm Beach For $13.7M

600 Village Blvd #580, West Palm Beach, Fl 33409, Usa

See Similar Deals
Office699,540 SF
Sold 06/10/2020
Scott O'Donnell
Michael (Mike) Ciadella
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$19
Total Square Footage:699,540 SF
Transaction Type:Sale

The office property located at 580 and 600 Village Blvd in West Palm Beach has been sold for a total of $13,700,000. The property spans across 69,954 square feet, making the price per square foot approximately $195. The buyer of the property is Palm Beach Business Center GP, while the sellers are KAS Brandywine LLC and KAS Hags CUP LLC. The transaction was facilitated by brokers Greg Miller, Scott O’Donnell, Dominic Montazemi, Miguel Alcivar, Mike Ciadella, and John DeMarco.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $13,700,000
  • Address: 580, 600 Village Blvd
  • Market: West Palm Beach
  • Square Footage: 69,954
  • Price per Square Foot: $195
  • Buyer: Palm Beach Business Center GP
  • Seller: KAS Brandywine LLC & KAS Hags CUP LLC
  • Brokers: Greg Miller, Scott O’Donnell, Dominic Montazemi, Miguel Alcivar, Mike Ciadella, John DeMarco

This transaction involves notable individuals and companies. The buyer, Palm Beach Business Center GP, played a key role in acquiring the office property. On the other hand, KAS Brandywine LLC and KAS Hags CUP LLC acted as sellers. The deal was facilitated by brokers Greg Miller, Scott O’Donnell, Dominic Montazemi, Miguel Alcivar, Mike Ciadella, and John DeMarco.

Players

Miguel Alcivar
39 deals$965.1M volume(305) 533-2871
BROKER

Dominic Montazemi
Cushman & Wakefield
90 deals$4.2B volume
BROKER

Scott O'Donnell
Cushman & Wakefield
32 deals$581M volume
BROKER

Michael (Mike) Ciadella
Cushman & Wakefield
34 deals$590M volume
BROKER

Greg Miller
The Multifamily Group
17 deals$194M volume
BROKER

SELLER

Details

SOLD
IMAGE: Scott O’Donnell, Dominic Montazemi, Greg Miller, Miguel Alcivar, Mike Ciadella & John DeMarco DATE: 06/10/2020 ADDRESS: 580, 600 Village Blvd MARKET: West Palm Beach ASSET TYPE: Office PRICE: $13,700,000 SF: 69,954 PPSF: $195 BUYER: Palm Beach Business Center GP SELLER: KAS Brandywine LLC & KAS Hags CUP LLC BROKERS: Greg Miller, Scott O’Donnell, […]

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