The hotelier is selling the site after 12 years of ownership.
The deal included seller financing that matures in 20 years.
A pharma company shifts to crypto and relocates from Cali to West Palm Beach to slash costs.
The 10-year lease is expected to accommodate roughly 80 attorneys and professional staff.
Two senior facilities in South Florida sell for $172M amid rising demand for senior housing.
Cortland Partners sells West Palm Beach complex to Fairfield Residential for $208M, a top multifamily sale in South Florida.
Co-founder and president of Fort Lauderdale-based Affiliated Development, Nick Rojo, died unexpectedly earlier this week.
The 397-unit building near Nova Southeastern University in Davie was just delivered last year.
The purchase comes as the hotel industry posts double-digit annual price gains in most areas of the country.
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