Crocker Partners, which has been retained as the property management team for the 28-story tower, kept a 1.9-acre site for a new multifamily project adjacent to the office building.
The more than 11-acre site is located at 2751 S. Dixie Hwy. Nearly all of the existing structures will be preserved, including the Palm Beach Post’s office building and printing press.
National Realty Investment Advisors and U.S. Construction have announced they have closed on a $73-million loan from CIM to begin construction on their Ocean Delray development.
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