Saturday, May 9, 2015

Marcus & Millichap Arranges Sale of 33,248-SF Office Building in West Palm Beach, FL for $4.1 Million


Douglas K. Mandel
WEST PALM BEACH, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Woodbine Commons, a 33,248-square foot office property located in West Palm Beach, Fla. The asset sold for $4,100,000.

Douglas K. Mandel, a first vice president investments in Marcus & Millichap’s Fort Lauderdale office, represented the seller, a limited liability company from West Palm Beach, Fla, and the buyer, a private investor from Boynton Beach, Fla.

Woodbine Commons is a Mediterranean-style 33,248 rentable square foot professional office center. 

Built in 2004, the property is comprised of four separate buildings situated on 3.4 acres of land. 

Its diverse portfolio of tenants include: medical offices, financial service firms, and the Department of Veteran Affairs.

Located at 7721-7751 North Military Trail, the property is within walking distance to Palm Beach VA Medical Center and Kindred Hospital, and is surrounded by densely populated residential neighborhoods and retirement communities.

For a complete copy of the company’s news release, please contact:

Ryan Nee
Regional Manager
 Fort Lauderdale, FL

(954) 245-3400

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