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LRP Media Group Purchases Mixed-Use Asset In Palm Beach Gardens For $15.5 Million

Property Image
SOLD
$15,500,000
Zach Levine
Michael Falk
+ 2

Florida

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Mixed-use43,878 SF
Sold 01/12/2026
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Property Image
SOLD

LRP Media Group Purchases Mixed-Use Asset In Palm Beach Gardens For $15.5 Million

3801 Design Center Drive

See Similar Deals
Mixed-use43,878 SF
Sold 01/12/2026
Zach Levine
Michael Falk
+ 2
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$353
Total Square Footage:43,878 SF
Transaction Type:Sale

3801-3901 Design Center Drive is a mixed-use property located in Palm Beach Gardens. The asset was sold for $15,500,000, encompassing a total square footage of 43,878, resulting in a price per square foot of $353.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,500,000
  • Address: 3801-3901 Design Center Drive
  • Market: Palm Beach Gardens
  • Square Footage: 43,878
  • Price per Square Foot: $353
  • Buyer: LRP Media Group
  • Seller: Precise Property
  • Seller's Representative: Scott Weprin & Michael Falk - Colliers
  • Brokerage Firms: Douglas K. Mandel, Zach Levine & Cody Hershey - Marcus & Millichap

The transaction saw LRP Media Group as the buyer, with Precise Property as the seller. The deal was facilitated by Douglas K. Mandel, Zach Levine, and Cody Hershey from Marcus & Millichap, while Scott Weprin and Michael Falk from Colliers represented the seller in this transaction.

Players

Douglas K. Mandel
72 deals$1.1B volume(954) 245-3465
BROKER

Michael Falk
Colliers
11 deals$89.5M volume
BROKER

Zach Levine
Marcus & Millichap
41 deals$620.1M volume(954) 296-6253
BROKER

Scott Weprin
Colliers
4 deals$22.1M volume(561) 239-9386
BROKER

Cody Hershey
Marcus & Millichap
10 deals$131.9M volume(732) 609-1226
BROKER

Details

SOLD
IMAGE: Zach Levine, Michael Falk, Douglas K. Mandel, Scott Weprin & Cody Hershey DATE: 1/12/2026 ADDRESS: 3801-3901 Design Center Drive MARKET: Palm Beach Gardens ASSET TYPE: Mixed-use BUYER: LRP Media Group SELLER: Precise Property SELLER'S REP: Scott Weprin & Michael Falk (@ColliersFalkweprinTeam) - Colliers (@ColliersInternational) BROKERS: Douglas K. Mandel (@DougMandel), Zach Levine (@Zachlevine_) & Cody Hershey (@Cody.Hershey) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $15,500,000 SF: 43,878 ~ PPSF: $353

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