Blue Water Advisors Acquires West Palm Beach Office For $13M

The office property located at 1401 Forum Way in West Palm Beach has been sold. The transaction took place on February 14, 2022. The property, spanning 67,185 square feet, was sold for a total price of $13,000,000, resulting in a price per square foot of $193. The seller of the property was AW Property Company.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $13,000,000
• Address: 1401 Forum Way, West Palm Beach
• Market: West Palm Beach
• Square Footage: 67,185

The buyer of the property was Blue Water Advisors, represented by Alex Hufty Griswold, William Whitridge, and Benjamin Griswold. Cushman & Wakefield's brokers, Scott O’Donnell and Mike Ciadella, were involved in the transaction. Ameris Bank provided the financing for the sale.