Parmenter Realty Partners Acquires Palm Beach Gardens Office Portfolio For $81M
7108, 7111 & 7121 Fairway Drive
Office
224,000 SF
224,000 SF
Summary
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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7108, 7111 & 7121 Fairway Drive
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