South Florida’s top deals: What $37M buys in Palm Beach
🏆 Commercial: Palm Beach had the top commercial deal to hit records, with the closing of the Reuben Brothers and Crown Onyx’s purchase of The Esplanade, a luxury shopping center at 150 Worth Avenue for $200 million. The seller was an affiliate of O’Connor Capital Partners, which acquired the property in 2014 for $106 million. The Esplanade dates to the 1970s and includes retailers like Caolina Herrera and Emilio Pucci. 🏆 Residential: Palm Beach also had the top residential transaction, with the sale of a waterfront mansion at 870 South Ocean Boulevard for $37.1 million. The seller was telecommunications mogul […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The Real Amendment 3 Before Florida Voters: 5 Things Floridians Should Know About Property Tax Relief

Florida Homestead Tax Sparks Debate Over Who Will Pay for Local Services

Cheap Money Built a Generation of Wealth. What Happens to Housing When It’s Gone?

Construction on Ken Griffin’s $2.5B Citadel HQ resumes after drill rig collapse

St. Louis Wants To Build a $3 Billion Tech Hub—but the Data Center Anchoring It Is Sparking Backlash

This $7 Million Art Deco Miami Beach Penthouse Features Hand-Painted Murals and a Massive Private Rooftop

TriCap asks $100M for Lincoln Road building with tenants Mila, Lululemon

How I Fought To Save My Elaborate Halloween Display From One, Disgruntled Neighbor

Real, Compass, SERHANT. add teams; Baird & Warner picks COO

Compass takes CRMLS fight to court and promises to cover agent fines
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
