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.
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