Craig Nassi, representing West Palm Beach Living, purchased a multifamily property at 5262 South Stacy Street in West Palm Beach for $48 million. The asset covers 328,000 square feet and was sold by Ruban Ramirez of Brek Holdings at approximately $146 per square foot. The deal highlights strong demand for multifamily investments in South Florida.
Source: https://traded.co/deals/florida/multifamily/sale/5262-south-stacy-street/