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Palm Beach real esate: Banker Row office building sale approaches $38 million palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.
Another prominent commercial-and-office building has changed hands on the main thoroughfare that Palm Beach resident’s have long called Bankers Row. The U.S. Bank Building at 324 Royal Palm Way sold for $18.5 million, according to a deed recorded Thursday by the Palm Beach County Clerk s office. With 25,068 square feet, the building sold for $738 per square foot. The building is at least the fifth property to have sold on Royal Palm Way since the start of the year. The buyer was a joint venture between two real estate investors, Palm Beacher Spencer Schlager and New York City resident Charles Rosenberg, whose Rosemark Management Inc. is listed on the deed as the contact for the buyer. They bought the property through CSPB 324 LLC, a Florida limited liability company. ....