Brandywine Centre I sits on on a 5.5-acre site at 580 and 600 Village Boulevard in suburban West Palm Beach. It is close to the West Palm Beach CBD, Interstate 95 and Palm Beach International Airport.

Divine Blalock Martin Sellari, Online Trading Academy, Trident Title, and Recovery Home Care Services are among the major tenants. Renegades Country Western Bar occupies the outparcel restaurant building. The campus was 93% occupied at the time of sale.

“Market fundamentals continue to improve and bode well for the asset with the nearby, newly developed Palm Beach Outlets spurring a renaissance for the local micro-market,” says O'Donnell. “The West Palm Beach CBD has witnessed sharp increases in asking rental rates, which is causing significant leasing activity and absorption in suburban West Palm Beach.”

Indeed, Crocker sees the potential. The firm recently sold an office building in Palm Beach for $126 million. Check out my recent story.

MIAMI—Brandywine Centre I, a 69,951-square-foot office and retail campus in West Palm Beach, FL has traded hands. The sale price: $10.8 million, or $154 per square foot.

Cushman & Wakefield executive director Scott O'Donnell, senior associate Greg Miller, senior director Dominic Montazemi, and director Miguel Alcivar represented Pompano Beach-based G&C Brandywine Investors in the sale. Coral Gables-based KAS Partners acquired the mixed-use asset.

“Brandywine Centre I provided KAS Partners with the opportunity to acquire a recently renovated boutique office building with excellent access to a strong amenity base and I–95,” O'Donnell tells GlobeSt.com. Ownership has made significant improvements to the office building's common areas in recent years.

Brandywine Centre I is a two-building office and retail campus. It includes a three-story, 60,851-square-foot office building and a one-story, 9,100-square-foot outparcel restaurant building.

Brandywine Centre I sits on on a 5.5-acre site at 580 and 600 Village Boulevard in suburban West Palm Beach. It is close to the West Palm Beach CBD, Interstate 95 and Palm Beach International Airport.

Divine Blalock Martin Sellari, Online Trading Academy, Trident Title, and Recovery Home Care Services are among the major tenants. Renegades Country Western Bar occupies the outparcel restaurant building. The campus was 93% occupied at the time of sale.

“Market fundamentals continue to improve and bode well for the asset with the nearby, newly developed Palm Beach Outlets spurring a renaissance for the local micro-market,” says O'Donnell. “The West Palm Beach CBD has witnessed sharp increases in asking rental rates, which is causing significant leasing activity and absorption in suburban West Palm Beach.”

Indeed, Crocker sees the potential. The firm recently sold an office building in Palm Beach for $126 million. Check out my recent story.