Index Investment Group & Verdex Construction Acquire Office Building In West Palm Beach For $13.4M

An office property located at 1501 Belvedere Road in West Palm Beach has been sold for $13,400,000. The property spans across 65,760 square feet, resulting in a price per square foot of $204. The transaction took place on November 24, 2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $13,400,000
• Address: 1501 Belvedere Road
• Market: West Palm Beach

The buyer of the property was Index Investment Group and Verdex Construction, while the seller was CEMEX. The deal was facilitated by Bastian Laggerbauer and Mark Rubin from Colliers.