Margit Brandt Of Premier Estate Properties Leases Office Space At 230 Royal Palm Way For 4 Years
230 Royal Palm Way
Building Size
1,550 SF
Asset Type
Office
Closing
Jul 13, 2025
AI
The property asset involved in the transaction is an office located at 230 Royal Palm Way in Palm Beach. It encompasses 1,550 square feet and is part of the local market where this lease takes place.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Term: 4 years
- Tenant: Margit Brandt
- Tenant's Representative: Connie Thomas - Tower Commercial Real Estate (TCRE)
The key individuals involved in this transaction include Margit Brandt, who is represented by Connie Thomas in the leasing agreement. The transaction also involved Gerard Liguori, Joseph Liguori, and Carmen D'Angelo, indicating a collaborative engagement throughout the leasing process.
Players
Palm Beach Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93