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Orbvest Acquires Medical Office In West Palm Beach For $8.25M

Property Image
SOLD
$8,250,000
Bastian Schauer
Andrew "Avi" Greenbaum
+ 1

Florida

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Office44,870 SF
Sold
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Property Image
SOLD

Orbvest Acquires Medical Office In West Palm Beach For $8.25M

4700 Congress Avenue

See Similar Deals
Office44,870 SF
Sold
Bastian Schauer
Andrew "Avi" Greenbaum
+ 1
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$183
Total Square Footage:44870 SF
Transaction Type:Sale

A medical office located at 4700 Congress Avenue in West Palm Beach has been sold in a transaction. The property spans 44,870 square feet and was sold for a price of $8,250,000, resulting in a price per square foot of $184.

Summary of transaction details

  • Property Type: Medical Office
  • Transaction Amount: $8,250,000
  • Address: 4700 Congress Avenue, West Palm Beach
  • Market: West Palm Beach
  • Buyer: Martin Freeman - Orbvest
  • Seller: Andrew Greenbaum - Triple Double Real Estate
  • Seller's Representative: Bastian Schauer & Mark M. Rubin - Colliers International

Martin Freeman, representing Orbvest, acted as the buyer in this transaction. On the other side, Andrew Greenbaum of Triple Double Real Estate played the role of the seller. Colliers International, represented by Bastian Schauer and Mark M. Rubin, assisted the seller in the deal.

Players

Mark M. Rubin
36 deals$885.3M volume(561) 302-2511
BROKER

Bastian Schauer
Colliers
40 deals$2.9B volume(561) 281-6656
BROKER


Andrew "Avi" Greenbaum
4 deals$36.1M volume
SELLER

Details

SOLD
IMAGE: Bastian Schauer & Mark M. Rubin DATE: 12/21/2023 ADDRESS: 4700 Congress Avenue MARKET: West Palm Beach ASSET TYPE: Medical Office BUYER: Martin Freeman - Orbvest (@OrbVest) SELLER: Andrew Greenbaum - Triple Double Real Estate (@TripleDoubleRE) SELLER'S REP: Bastian Schauer (@Bastian1992) & Mark M. Rubin (@Sofloinvestmentsales) - Colliers International (@ColliersInternational) SALE PRICE: $8,250,000 SF: 44,870 ~ PPSF: $184

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