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7108, 7111 & 7121 Fairway Drive
SOLD

Parmenter Realty Partners Acquires Palm Beach Gardens Office Portfolio For $81M

7108, 7111 & 7121 Fairway Drive

Office
224,000 SF
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Summary

Sale
FLORIDA
Office
224,000 sqft

The office property located at 7108, 7111 & 7121 Fairway Drive in Palm Beach Gardens has been sold for a total of $81,200,000. The property spans across 16 acres and offers a total of 224,000 square feet of space. The sale price equates to approximately $363 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $81,200,000
  • Address: 7108, 7111 & 7121 Fairway Drive, Palm Beach Gardens
  • Market: Palm Beach Gardens
  • Size: 224,000 square feet

The buyer of the property is Parmenter Realty Partners, represented by Darryl Parmenter and John Davidson. On the other hand, the seller is a combination of C-III Capital Partners, Andrew Farkas, and NAI/Merin Hunter Codman, represented by Dung Lam, Neil Merin, and Jordan Paul.

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Details

Deal Summary
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SOLD
IMAGE: Andrew Farkas, Neil Merin, John Davidson, Jordan Paul, Darryl Parmenter & Dung Lam DATE: 01/26/2022 ADDRESS: 7108, 7111 & 7121 Fairway Drive MARKET: Palm Beach Gardens ASSET TYPE: Office ~ ACRES: 16 BUYER: Parmenter Realty Partners - Darryl Parmenter & John Davidson SELLER: C-III Capital Partners - Andrew Farkas; NAI/Merin Hunter Codman - Dung Lam, Neil Merin & Jordan Paul SALE PRICE: $81,200,000 SF: 224,000 ~ PPSF: $363

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Address7108, 7111 & 7121 Fairway Drive

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