Kingdom Development Acquires Multifamily Properties In West Palm Beach For $59.3M | 1001 36th Street, 1210 Palm Beach Lakes Boulevard & 345 30th Street | Tal Frydman, Hampton Beebe | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

The recent sale in West Palm Beach involved a multifamily property located at 1001 36th Street, 1210 Palm Beach Lakes Boulevard, and 345 30th Street. This property spans over 14.3 acres and consists of 309 units. The transaction took place on 12/08/2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $59,300,000
Units: 309
Acres: 14.3
Market: West Palm Beach

The buyer in this transaction was Kingdom Development, represented by William Leach. The seller was Shloime Rosenberg. The deal was facilitated by brokers Tal Frydman and Hampton Beebe from Newmark Multifamily Capital Markets.

Players

All
3

Agents
2
Agencies
1

Tal Frydman

Executive Managing Director

$559.3M Sold

Hampton Beebe

Vice Chairman

$905.2M Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: Hampton Beebe, William Leach & Tal Frydman DATE: 12/08/2021 ADDRESS: 1001 36th Street, 1210 Palm Beach Lakes Boulevard & 345 30th Street MARKET: West Palm Beach ASSET TYPE: Multifamily ~ UNITS: 309 ~ ACRES: 14.3 BUYER: Kingdom Development - William Leach SELLER: Shloime Rosenberg BROKERS: Tal Frydman & Hampton Beebe - Newmark Multifamily Capital Markets SALE PRICE: $59,300,000

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Address1001 36th Street, 1210 Palm Beach Lakes Boulevard & 345 30th Street

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