CS Ventures Acquires Office Property On Palm Beach's Royal Palm Way For $35M

CS Ventures has purchased an office building located at 340 & 350 Royal Palm Way in Palm Beach. The property spans 44,625 square feet and was sold for a total of $35,000,000. This translates to a price per square foot of $784. The transaction took place on April 12, 2022. The seller of the property was Pearlmark.

Summary of transation details

• Property Type: Office
• Transaction Amount: $35,000,000
• Date: April 12, 2022
• Address: 340 & 350 Royal Palm Way
• Market: Palm Beach

The deal was facilitated by the brokers Ike Ojala, Hermen Rodriguez, Matthew McCormack, Max Lescano, Blake Koletic, and Michael Roukis from JLL. They represented both the buyer, CS Ventures, and the seller, Pearlmark.