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Cushman & Wakefield completes sale of 14-acre site in Royal Palm Beach

December 06, 2012 09:00AM

A 14-acre portion of the Southern Mills property in Royal Palm Beach has been sold, according to Cushman and Wakefield, which handled the transaction. The property is located at 700 103rd Avenue in Royal Palm Beach, west of I-95 and Palm Beach International Airport. Cushman & Wakefield’s Rick Etner, Chris Metzger, Sky Groden and Christopher Thomson handled the transaction, although the firm did not disclosed the terms of the deal. “Investors remain confident in the Palm Beach brand and the supply constrained nature of the market,” Etner said. “Land sale volumes have increased over the past few years and the trend should continue through 2013.” — Alexander Britell