Palm Beach Business Center Acquires Property From KAS Hags CUP LLC For $13.8M In West Palm Beach

The property involved in the transaction is Brandywine Centre I, located at 580 Village Blvd, West Palm Beach, Florida. This three-story office building encompasses a total of 69,954 square feet, which includes 60,854 square feet of office space as well as a 9,100-square-foot restaurant outparcel. The sale occurred at a price of $13,800,000.00, showcasing its market value in West Palm Beach.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $13,800,000.00
• Address: 580 Village Blvd, West Palm Beach, Florida
• Square Footage: 69,954
• Buyer's Representative: John DeMarco - Remax
• Seller's Representative: Dominic Montazemi - Cushman & Wakefield
• Seller: KAS Hags CUP LLC
• Buyer: Palm Beach Business Center GP
• Broker: Gregory (Greg) Miller - Cushman & Wakefield
• Notable Tenants: Divine Blalock Martin Sellari LLC, Renegades Country Western Bar, Online Trading Academy, Landcastle Title Group, DBA Trident Title

In this transaction, Cushman & Wakefield's team, consisting of Greg Miller, Scott O’Donnell, Dominic Montazemi, Mike Ciadella, and Miguel Alcivar, represented the seller, KAS Hags CUP LLC, confirming their role in facilitating the sale of the asset. John DeMarco from Remax 5 Star Realty represented the buyer, Palm Beach Business Center GP, ensuring a successful transaction for both parties involved.