Woodmont Industrial Partners Acquires Palm Beach Industrial Property For $40.4M

The Palm Beach Park Of Commerce, a 116.6-acre industrial property located in Palm Beach, has been sold for $40,400,000. The sale was completed on January 17, 2022. The property is part of the Palm Beach market and offers ample space for industrial activities.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $40,400,000
• Address: Palm Beach Park Of Commerce
• Market: Palm Beach
• Acres: 116.6

The buyer for this transaction was Woodmont Industrial Partners represented by Eric Witmondt and Donald Witmondt. On the other hand, the seller was TPA Group. The involvement of Woodmont Industrial Partners showcases their interest in expanding their portfolio in the industrial sector within Palm Beach County.