Three Wall Capital Acquires West Palm Beach Hotel For $15.44M From Blackstone Group

The hotel located at 2455 Metrocentre Blvd in West Palm Beach has been sold for a transaction amount of $15,440,000. The property spans across approximately 1 acre in size. The sale was finalized on 12/14/2021. The buyer, Three Wall Capital represented by Alan Kanders, acquired the property from the seller, Blackstone Group.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $15,440,000
• Address: 2455 Metrocentre Blvd
• Market: West Palm Beach
• Area: 1 acre

Alan Kanders from Three Wall Capital played a key role in this transaction as the buyer's representative. With a total of 114 keys, the property offers spacious accommodation to guests. The price per key for this hotel amounts to $135,439.