Banyan Street Capital Acquires Office Building In Weston For $52.3M

Located in Weston, the property involved in this closed transaction is an office asset situated at 2500 Weston Road and 2700 South Commerce Parkway. The transaction took place on May 10, 2021. The property spans a total area of 149,103 square feet and is situated on 3.4 acres of land. The sale price for this office space was $52,250,000, with a price per square foot of $350. The buyer in this transaction was Banyan Street Capital, represented by Rudy Prio Touzet. The seller was KBS, represented by Charles Schreiber Jr. The brokers involved in the deal were Christian Lee and José Lobón from CBRE.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: $52,250,000
• Address: 2500 Weston Road & 2700 South Commerce Parkway
• Market: Weston
• Square Footage: 149,103
• Price per Square Foot: $350
• Acres: 3.4
• Seller: KBS - Charles Schreiber Jr
• Buyer: Banyan Street Capital - Rudy Prio Touzet
• Brokers: Christian Lee & José Lobón - CBRE

The involvement of Banyan Street Capital and KBS in this transaction highlights their activity in the Weston market. The buyer, Banyan Street Capital, was represented by Rudy Prio Touzet, while the seller, KBS, was represented by Charles Schreiber Jr. Christian Lee and José Lobón from CBRE acted as the brokers for this deal.