CS Ventures Acquires Office Property In Palm Beach For $37.8M

The office property located at 440 Royal Palm Way in Palm Beach has been sold in a recent transaction. The property spans 61,609 square feet and was purchased for a total price of $37,800,000. This equates to a price per square foot of $614.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $37,800,000
• Address: 440 Royal Palm Way
• Market: Palm Beach
• Buyer: CS Ventures - Spencer Schlager & Charles Rosenberg
• Seller: Blue Water Advisors

CS Ventures, represented by Spencer Schlager & Charles Rosenberg, acquired the property from Blue Water Advisors. The transaction showcases the ongoing activity in the Palm Beach office market.