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Banyan Street Capital Acquires Office Building In Weston For $52.3M

2500 Weston Road & 2700 South Commerce Parkway
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This Office property located in FL was sold for $52,250,000 almost 3 years ago. The brokers of the deal were Jose Lobon and Christian "Chris" Lee

Located in Weston, the property involved in this closed transaction is an office asset situated at 2500 Weston Road and 2700 South Commerce Parkway. The transaction took place on May 10, 2021. The property spans a total area of 149,103 square feet and is situated on 3.4 acres of land. The sale price for this office space was $52,250,000, with a price per square foot of $350. The buyer in this transaction was Banyan Street Capital, represented by Rudy Prio Touzet. The seller was KBS, represented by Charles Schreiber Jr. The brokers involved in the deal were Christian Lee and José Lobón from CBRE.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: $52,250,000
  • Address: 2500 Weston Road & 2700 South Commerce Parkway
  • Market: Weston
  • Square Footage: 149,103
  • Price per Square Foot: $350
  • Acres: 3.4
  • Seller: KBS - Charles Schreiber Jr
  • Buyer: Banyan Street Capital - Rudy Prio Touzet
  • Brokers: Christian Lee & José Lobón - CBRE

The involvement of Banyan Street Capital and KBS in this transaction highlights their activity in the Weston market. The buyer, Banyan Street Capital, was represented by Rudy Prio Touzet, while the seller, KBS, was represented by Charles Schreiber Jr. Christian Lee and José Lobón from CBRE acted as the brokers for this deal.

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Deals
  • Location
    2500 Weston Road, Weston, FL, USA2500 Weston Road, Weston, FL, USA
  • Sale Price
    $52,250,000$52,250,000
    $350 PPSF$350 PPSF
  • Area
    149,103 SF149,103 SF
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jose Lobon

Jose Lobon

Deals27
Financed$1.9B

Christian "Chris" Lee

Christian "Chris" Lee

Deals23
Financed$1.5B

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

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Deal Summary

SALE IMAGE: Christian Lee, Charles Schreiber Jr, José Lobón & Rudy Prio Touzet DATE: 05/10/2021 ADDRESS: 2500 Weston Road & 2700 South Commerce Parkway MARKET: Weston ASSET TYPE: Office SELLER: KBS - Charles Schreiber Jr BUYER: Banyan Street Capital - Rudy Prio Touzet BROKERS: Christian Lee & José Lobón - CBRE SALE PRICE: $52,250,000 SF: 149,103 ~ PPSF: $350 ACRES: 3.4 ~ PPA: $15,367,647

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2500 Weston Road & 2700 South Commerce Parkway

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