facebook
Traded Co logo
Submit a Deal

Capstone Realty Group Acquires Office In West Palm Beach For $6.95M

1551 Forum Place
PointingArrow
ShareContact

This Office property located in FL was sold for $6,950,000 almost 2 years ago. The brokers of the deal were Mark M. Rubin and Bastian Laggerbauer

An office building located at 1551 Forum Pl in West Palm Beach has been sold. The property, comprising 39,702 square feet, was purchased by Mitchell Adelstein of Capstone Realty Group from Llwyd Ecclestone. The transaction was facilitated by brokers Bastian Laggerbauer and Mark Rubin of Colliers International. The sale price for the office building was $6,950,000, resulting in a price per square foot of $175.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $6,950,000
  • Address: 1551 Forum Pl
  • Market: West Palm Beach
  • Buyer: Mitchell Adelstein - Capstone Realty Group
  • Seller: Llwyd Ecclestone
  • Brokers: Bastian Laggerbauer & Mark Rubin - Colliers International

The sale of the office building was completed on 05/10/2022. This transaction marks a significant move in the West Palm Beach market and highlights the involvement of key individuals such as Mitchell Adelstein, representing Capstone Realty Group, and Llwyd Ecclestone. Bastian Laggerbauer and Mark Rubin, both from Colliers International, acted as brokers in this deal.

View Related

Deals
  • Location
    1551 Forum Place, West Palm Beach, Florida 33401, United States1551 Forum Place, West Palm Beach, Florida 33401, United States
  • Sale Price
    $6,950,000$6,950,000
    $175 PPSF$175 PPSF
  • Area
    39,702 SF39,702 SF
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Mark M. Rubin

Mark M. Rubin

Deals26
Sold$657.8M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Social

Deal Summary

SALE IMAGE: Mark Rubin & Bastian Laggerbauer DATE: 05/10/2022 ADDRESS: 1551 Forum Pl MARKET: West Palm Beach ASSET TYPE: Office BUYER: Mitchell Adelstein - Capstone Realty Group (@Crgre1) SELLER: Llwyd Ecclestone BROKERS: Bastian Laggerbauer (@Bastian1992) & Mark Rubin (@SofloInvestmentSales) - Colliers International (@ColliersInternational) SALE PRICE: $6,950,000 SF: 39,702 ~ PPSF: $175

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

1551 Forum Place

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits