Tracy Turco Acquires Industrial Property For $1.975M From Paragon Systems Integration In West Palm Beach

The property involved in the transaction is an industrial asset located at 1200 Clare Avenue in the West Palm Beach market. The sale price was $1,975,000 for a total area of approximately 488 square feet, resulting in a price per square foot of $4,047.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $1,975,000
• Buyer: Tracy Turco
• Seller: Paragon Systems Integration
• Brokers: Paul Bergman & Gloria Giudici - Douglas Elliman
• Date of Sale: 10/15/2024

Tracy Turco, a well-known entrepreneur, author, and designer, will utilize the property, referred to as The Deco Palm, as both an event venue and the headquarters for Palm Scene magazine. Paragon Systems Integration, the seller, is an HTA Certified company that specializes in audio-video technology, smart home automation, and home theater solutions, with a strong presence in multiple locations including Palm Beach and Los Angeles.