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230 Royal Palm Way

Margit Brandt Of Premier Estate Properties Leases Office Space At 230 Royal Palm Way For 4 Years
LEASEDOffice

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

Connie Thomas

Tower Commercial Real Estate (TCRE)

Broker

3 deals

Broker
Tower Commercial Real Estate (TCRE)
Tower Commercial Real Estate (TCRE)Brokerage

Margit Brandt

Premier Estate Properties

Tenant

$1.7B

vol

55 deals

Tenant
Premier Estate Properties
Premier Estate PropertiesTenant

Palm Beach Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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