Discovery Senior Living Acquires Development Site In West Palm Beach For $11.05M

A development site located at 2810 Vista Parkway in West Palm Beach has been sold in a recent transaction. The property, with a total square footage of 89,112, was purchased by Discovery Senior Living for a price of $11,050,000. The buyer was represented by Richard J. Hutchinson, while Max Newland represented the seller, Kayne Anderson Real Estate.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $11,050,000
• Address: 2810 Vista Parkway
• Market: West Palm Beach
• Buyer: Discovery Senior Living - Richard J. Hutchinson
• Seller: Kayne Anderson Real Estate - Max Newland
• Total Square Footage: 89,112
• Price Per Square Foot: $124

Richard J. Hutchinson from Discovery Senior Living and Max Newland from Kayne Anderson Real Estate played key roles in the transaction. Hutchinson represented the buyer, while Newland represented the seller. The deal highlights the involvement of these individuals and companies in the successful purchase of the development site in West Palm Beach.