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Babak Ebrahimzadeh Acquires Office Building In West Palm Beach For $8.6M

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SOLD
$8,562,500

Florida

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Office45,198 SF
Sold 10/13/2022
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Property Image
SOLD

Babak Ebrahimzadeh Acquires Office Building In West Palm Beach For $8.6M

2655 North Ocean Drive

See Similar Deals
Office45,198 SF
Sold 10/13/2022
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$189
Total Square Footage:45,198 SF
Transaction Type:Sale

The office property located at 2655 N Ocean Dr in West Palm Beach has been sold. The transaction took place on 10/13/2022, with the buyer being Babak Ebrahimzadeh and the seller being R.J. Finlay & Co. The sale was facilitated by Earl Hollis from Hollis Real Estate, representing the buyer, and Bastian Laggerbauer and Mark Rubin from Colliers International, representing the seller. The property spans a total area of 45,198 square feet and was sold for a price of $8,562,500, resulting in a price per square foot of $189.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: $8,562,500
  • Date: 10/13/2022
  • Address: 2655 N Ocean Dr
  • Market: West Palm Beach
  • Buyer: Babak Ebrahimzadeh
  • Seller: R.J. Finlay & Co.
  • Buyer's Representative: Earl Hollis - Hollis Real Estate
  • Seller's Representatives: Bastian Laggerbauer & Mark Rubin - Colliers International
  • Property Size: 45,198 square feet
  • Price per Square Foot: $189

The transaction involved Babak Ebrahimzadeh as the buyer, while R.J. Finlay & Co. acted as the seller. Earl Hollis, representing Hollis Real Estate, represented the buyer in the deal. On the other side, Bastian Laggerbauer and Mark Rubin from Colliers International represented the seller. This sale marks a significant transaction in the office market of West Palm Beach.

Players

Mark M. Rubin
37 deals$896.8M volume(561) 302-2511
BROKER

Bastian Schauer
Colliers
42 deals$3B volume(561) 281-6656
BROKER

Babak Ebrahimzadeh
Gatsby Enterprises
8 deals$111.1M volume
BUYER

Babak Ebrahimzadeh
8 deals$111.1M volume
BUYER

Babak Ebrahimzadeh
8 deals$111.1M volume
BUYER

Babak Ebrahimzadeh
8 deals$111.1M volume
BUYER

Details

SOLD
IMAGE: Bastian Laggerbauer & Mark Rubin DATE: 10/13/2022 ADDRESS: 2655 N Ocean Dr MARKET: West Palm Beach ASSET TYPE: Office BUYER: Babak Ebrahimzadeh SELLER: R.J. Finlay & Co. BUYER'S REP: Earl Hollis - Hollis Real Estate SELLER'S REP: Bastian Laggerbauer (@Bastian1992) & Mark Rubin (@Sofloinvestmentsales) - Colliers International SALE PRICE: $8,562,500 SF: 45198 ~ PPSF: $189

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