Trian Partners Acquires Palm Beach Office At 223 Sunset Avenue For $23M

Nelson Peltz, Ed Garden, and Peter May have acquired an office property located at 223 Sunset Avenue in Palm Beach. The property was sold by New England Development for a total sale price of $23,000,000.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $23,000,000
• Buyer: Trian Partners - Peter May, Nelson Peltz & Ed Garden
• Seller: New England Development
• Date: 09/30/2021
• Address: 223 Sunset Avenue, Palm Beach

Trian Partners, represented by Peter May, Nelson Peltz, and Ed Garden, successfully acquired the office property located at 223 Sunset Avenue in Palm Beach from New England Development.