Frisbie Group Acquires Mixed-use Property In Palm Beach For $26M

180 Royal Palm Way & 180 Royal Palm Way, Palm Beach, FL, USA

$26,000,000

$684/SF

Building Size

38,000 SF

Asset Type

Mixed-use

Closing

Jan 3, 2021

AI

The mixed-use property located at 180 Royal Palm Way, 301 S. County Road, and 159 Brazilian Avenue in Palm Beach has been sold for a price of $26,000,000. The transaction took place on January 4, 2021. The property is situated in a prime location in Palm Beach.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $26,000,000
Address: 180 Royal Palm Way, 301 S. County Road & 159 Brazilian Avenue
Market: Palm Beach

The buyer of the property is the Frisbie Group, represented by Cody Crowell. The seller in this transaction is PEMS Partnership Ltd. The deal was facilitated by Gary Gottlieb of Avison Young.

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