Jim Batmasian Acquires Office Building In Boca Raton For $4.35M

Located at 200 W Palmetto Park Rd in Boca Raton, this office property was recently sold in a transaction on 02/28/2022. The property spans across 14,592 square feet and was sold for a total price of $4,350,000, resulting in a price per square foot of $298. The sale was facilitated by brokers Zach Levine, Tyler Kuhlman, and Doug Mandel from Marcus & Millichap, representing both the buyer and the seller.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,350,000
• Address: 200 W Palmetto Park Rd, Boca Raton
• Market: Boca Raton
• Buyer: Jim Batmasian
• Seller: Nick Rotenberger & Giancarlo Godz
• Brokers: Zach Levine, Tyler Kuhlman & Doug Mandel - Marcus & Millichap
• Square Footage: 14,592
• Price Per Square Foot: $298

This deal was made possible through the efforts of the brokers Zach Levine, Tyler Kuhlman, and Doug Mandel, who worked on behalf of both the buyer and the seller, Nick Rotenberger and Giancarlo Godz. The transaction highlights the active real estate market in Boca Raton and the significant value of this office property.