WEST PLAM BEACH, FL—An affiliate of Miami-based Breakers Capitalhas sold the 1700 Palm Beach Lakes office building here toHackensack, NJ-based Capstone for $19.35 million.
The sale of the 113,964-square-foot, 11-story office buildingcalculated out to approximately $170-per-square-foot. The Cushman& Wakefield Capital Markets team of Scott O'Donnell, DominicMontazemi, Greg Miller, Miguel Alcivar and Michael Ciadella, withsupport from Cushman & Wakefield agency leasing specialistAnthony Librizzi, negotiated the sale on behalf of 1700 PBL LLC, anaffiliate of Breakers Capital.
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