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David Associates Acquires Palm Beach Lakes Blvd Office Property In West Palm Beach For $29.25M

Property Image
SOLD
$29,250,000
Tom Rappa
Marcos Minaya
Christian "Chris" Lee
+ 1

Florida

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Office185,650 SF
Sold 02/01/2022
the dealplayerscompscontact
Property Image
SOLD

David Associates Acquires Palm Beach Lakes Blvd Office Property In West Palm Beach For $29.25M

1655 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33401, United States

See Similar Deals
Office185,650 SF
Sold 02/01/2022
Tom Rappa
Marcos Minaya
Christian "Chris" Lee
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$157
Total Square Footage:185,650 SF
Transaction Type:Sale

Two office properties located at 1655 & 1665 Palm Beach Lakes Blvd in West Palm Beach have recently been sold. The transaction took place on February 1, 2022. The properties, which span a total of 1.17 acres, were sold for a total price of $29,250,000.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $29,250,000
  • Address: 1655 & 1665 Palm Beach Lakes Blvd
  • Market: West Palm Beach
  • Square Footage: 185,650

The buyer, David Associates, was represented by Al Muralli. The seller in this transaction was Triarch Capital Group. The sale was facilitated by Christian Lee, Marcos Minaya, Amy Julian, and Tom Rappa from CBRE. The properties were sold at a price of $158 per square foot.

Players

Amy Julian
CBRE
Amy Julian
34 deals$2.1B volume(305) 381-6478
BROKER
Christian "Chris" Lee
CBRE
Christian Lee
29 deals$2.2B volume(305) 773-2813
BROKER
Marcos Minaya
Marcos Minaya
18 deals$963.9M volume(786) 307-6497
BROKER
Tom Rappa
CBRE
Tom Rappa
10 deals$522.5M volume(203) 979-5423
BROKER
DA
David Associates
BUYER
DA
David Associates
BUYER
TG
Triarch Capital Group
SELLER

Details

SOLD
IMAGE: Christian Lee, Marcos Minaya, Al Marulli, Amy Julian & Tom Rappa DATE: 02/01/2022 ADDRESS: 1655 & 1665 Palm Beach Lakes Blvd MARKET: West Palm Beach ASSET TYPE: Office ~ ACRES: 1.17 BUYER: David Associates - Al Muralli SELLER: Triarch Capital Group BROKERS: Christian Lee, Marcos Minaya, Amy Julian & Tom Rappa - CBRE SALE PRICE: $29,250,000 SF: 185,650 ~ PPSF: $158

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