A New York family firm made its second major South Florida office investment, buying the newly built DiVosta Towers in Palm Beach Gardens for $80 million.

Gatsby Enterprises, led by principal and chairman Nader Shalom, bought the twin towers from project developer Gardens Corporate Center LLC on Friday. Gatsby made the purchase in partnership with New York-based Master Mind LLC, led by Babak Ebrahimzadeh, who has ventures in fashion and real estate.

Gatsby's Isaac Shalom said the company was drawn to the property for several reasons.

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Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.

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