The Estate Companies, led by Robert Suris and Jeffrey Ardizon, have acquired a development site located at 550 N. Rosemary Ave. in West Palm Beach. The property spans 108,900 square feet and was sold by Antonio Orlando and Jose Rangel for a total of $15,800,000, which translates to a price per square foot of $145.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $15,800,000
• Address: 550 N. Rosemary Ave.
• Market: West Palm Beach
• Buyer: The Estate Companies - Robert Suris & Jeffrey Ardizon
• Seller: Antonio Orlando & Jose Rangel
• Square Footage: 108,900 sqft
• Price per Square Foot: $145

The acquisition was made by The Estate Companies, led by Robert Suris and Jeffrey Ardizon. They successfully completed the transaction to purchase the development site from Antonio Orlando and Jose Rangel. Both parties were represented by their respective brokers or representatives.