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Kayne Anderson Capital Advisors Acquires Office Building In Lake Worth Beach For $7.3M

Property Image
SOLD
$7,300,000

Florida

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Office9,772 SF
Sold 04/15/2020
the dealdetailscomps
Property Image
SOLD

Kayne Anderson Capital Advisors Acquires Office Building In Lake Worth Beach For $7.3M

5645 South Military Trail, Lake Worth, FL, USA

See Similar Deals
Office9,772 SF
Sold 04/15/2020
the dealdetailscomps

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$747
Total Square Footage:9,772 SF
Transaction Type:Sale

The office property located at 5645 Military Trail in Lake Worth Beach has been sold. The transaction took place on April 15, 2020. The property, spanning 9,772 square feet, was sold for a total price of $7,300,000, resulting in a price per square foot of $747. The buyer in this transaction was Kayne Anderson Capital Advisors, represented by Richard Kayne. The seller was Atlantis Mob LLC, operating under the name Optimal Outcomes.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $7,300,000
  • Square Footage: 9,772
  • Price per Square Foot: $747
  • Buyer: Kayne Anderson Capital Advisors - Richard Kayne
  • Seller: Atlantis Mob LLC - Optimal Outcomes

The sale of the property was facilitated by Richard Kayne of Kayne Anderson Capital Advisors. The deal represents a significant transaction in the Lake Worth Beach market. The involvement of Kayne Anderson Capital Advisors highlights their interest and activity in the commercial real estate sector.

Players

KA
Kayne Anderson Capital Advisors
BUYER

Details

SOLD
IMAGE: Richard Kayne DATE: 04/15/2020 ADDRESS: 5645 Military Trail MARKET: Lake Worth Beach ASSET TYPE: Office PRICE: $7,300,000 SF: 9,772 PPSF: $747 BUYER: Kayne Anderson Capital Advisors - Richard Kayne SELLER: Atlantis Mob LLC - Optimal Outcomes

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