Max Ducharme Of PMD Capital Management Acquires Office Assets In Melbourne For $5.575M

The property asset involved is located at 1775 West Hibiscus Boulevard & 129 West Hibiscus Boulevard in Melbourne, and it comprises office space. The total sale price for this transaction was $5,575,000, with a total square footage of 61,535, resulting in a price per square foot of $90.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,575,000
• Sale Date: 8/28/2025
• Buyer: Max Ducharme - PMD Capital Management
• Seller: Jerry Levy
• Broker: Joe Rossi - Colliers

This transaction features prominent individuals where Max Ducharme represented PMD Capital Management as the buyer in the deal, while Joe Rossi from Colliers acted as the broker facilitating the transaction, representing the seller, Jerry Levy.