Realty Income sells West Palm car lot for $24M to Jon Samuel

by Francisco Alvarado

Miami-based investor Jon Samuel paid $24 million for a shuttered car lot in West Palm Beach that was the former headquarters of a defunct auto dealer.  Three entities managed by Samuel, who leads Miami-based Midtown Group, acquired the 14.7-acre site at 1200 South Congress Avenue, records show. The buyer obtained a $17 million mortgage from […]This article originally appeared on The Real Deal. Click here to read the full story.

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