50,155-SQUARE-FOOT OFFICE BUILDING SELLS

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WEST PALM BEACH, FLA. — CB Richard Ellis brokered the sale of a two-story, 50,155-square-foot office building, which is located at 4100 Okeechobee Blvd. in West Palm Beach. 4100 Okeechobee Building Owner LLC acquired the property for $3.45 million or $68.78 per square foot. The building is currently 66 percent occupied by one tenant, Child and Family Connections. CBRE’s Scott O’Donnell, Dominic Montazemi, Kirk Nelson and Miguel Alcivar represented the buyer and the seller, New York-based Capital Resources Southeast, in the transaction.

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