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Jim Batmasian Acquires Office Building In Boca Raton For $4.35M

200 West Palmetto Park Road
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This Office property located in FL was sold for $4,350,000 about 2 years ago. The brokers of the deal were Zach Levine, Tyler Kuhlman, and Douglas (Doug) Mandel

Located at 200 W Palmetto Park Rd in Boca Raton, this office property was recently sold in a transaction on 02/28/2022. The property spans across 14,592 square feet and was sold for a total price of $4,350,000, resulting in a price per square foot of $298. The sale was facilitated by brokers Zach Levine, Tyler Kuhlman, and Doug Mandel from Marcus & Millichap, representing both the buyer and the seller.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,350,000
  • Address: 200 W Palmetto Park Rd, Boca Raton
  • Market: Boca Raton
  • Buyer: Jim Batmasian
  • Seller: Nick Rotenberger & Giancarlo Godz
  • Brokers: Zach Levine, Tyler Kuhlman & Doug Mandel - Marcus & Millichap
  • Square Footage: 14,592
  • Price Per Square Foot: $298

This deal was made possible through the efforts of the brokers Zach Levine, Tyler Kuhlman, and Doug Mandel, who worked on behalf of both the buyer and the seller, Nick Rotenberger and Giancarlo Godz. The transaction highlights the active real estate market in Boca Raton and the significant value of this office property.

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Deals
  • Location
    200 West Palmetto Park Road, Boca Raton, Florida 33432, United States200 West Palmetto Park Road, Boca Raton, Florida 33432, United States
  • Sale Price
    $4,350,000$4,350,000
    $298 PPSF$298 PPSF
  • Area
    14,592 SF14,592 SF
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Zach Levine

Zach Levine

Deals14
Sold$199M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Tyler Kuhlman, Zach Levine & Doug Mandel DATE: 02/28/2022 ADDRESS: 200 W Palmetto Park Rd MARKET: Boca Raton ASSET TYPE: Office BUYER: Jim Batmasian SELLER: Nick Rotenberger & Giancarlo Godz BROKERS: Zach Levine (@Zachlevine_), Tyler Kuhlman (@Tylerkuhlman_) & Doug Mandel - Marcus & Millichap SALE PRICE: $4,350,000 SF: 14,592 ~ PPSF: $298

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200 West Palmetto Park Road

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