Temple Israel Acquires Church From Building Hope For $13M In West Palm Beach

The property asset involved in this transaction is a church located at 2101 North Australian Avenue in the West Palm Beach market. The sale price for the property was $13,000,000, with a total square footage of 41,981, resulting in a price per square foot of $309.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $13,000,000
• Address: 2101 North Australian Avenue
• Market: West Palm Beach
• Square Footage: 41,981
• Price Per Square Foot: $309
• Buyer: Temple Israel
• Seller: Building Hope
• Brokers: Bastian Schauer, Mark M. Rubin, Ryan Buckner, Michael Falk, Jarrett Morrell (JarrettMorrell), Patrick Slagle, Jacob Falk & Jake Falk - Colliers

The individuals and companies involved in the transaction include Temple Israel as the buyer and Building Hope as the seller. The brokerage team representing the deal consisted of several agents from Colliers, highlighting a collaborative effort among brokers to facilitate this transaction.