PALM BEACH, FL—A prime, 10-acre parcel of land in Palm Beach Gardens, FL has traded hands. And brokers say it's more proof that a learning cluster is taking shape in Palm Beach County.

NAI/Merin Hunter Codman brokered the land sale to Education Capital Solutions (ECS), which plans to build a public charter school on the site. ECS is a wholly owned subsidiary of the $3 billion specialty REIT, EPR Properties—formerly Entertainment Properties Trust.

As part of its core portfolio, EPR has a focus on financing and developing public charter schools with investments nationwide. This latest Palm Beach Gardens charter school investment has particular significance for Florida communities, according to NAI/Merin.

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