Liberty Global CEO buys Palm Beach home

CBRE Clarion co-founder sold the non-waterfront home

TRD MIAMI /
Aug.August 05, 2019 01:30 PM
Mike Fries and 146 Seaspray Avenue (Realtor)

Mike Fries and 146 Seaspray Avenue (Realtor)

UPDATED, Aug. 6, 10:27 p.m.: The CEO of a multinational telecommunications company paid $6.2 million for a home in Palm Beach.

Property records show Michael Fries and Michelle Malone closed on the sale of the four-bedroom, 3,542-square-foot house at 146 Seaspray Avenue. The sellers are Jarrett Kling, a managing director at CBRE Clarion, and Judith Kling.

Fries is CEO and vice chairman of Liberty Global, a television and broadband company with offices in London, Amsterdam and Denver. The firm is the largest broadband internet service provider outside of the U.S. Fries is also executive chairman of Liberty Latin America and is on the corporate boards of Grupo Televisa and Lionsgate Entertainment.

Jarrett Kling co-founded Audit Investments, the predecessor to CBRE Clarion, in 1969. The investment management firm, then ING Clarion Real Estate Securities, joined CBRE Group in 2011.

The Klings paid $1.15 million for their Palm Beach home in 1999. The British Colonial-style home includes a one-bedroom guest house, a heated pool, garage and pool cabana. The house sits on a 9,187-square-foot lot.

Austin Whitney McGurk with Brown Harris Stevens of Palm Beach represented the sellers. Dana Koch of The Corcoran Group represented the buyers.

A number of record sales have closed in Palm Beach this summer, and one more that is set to close soon could set a new record. Beauty mogul Sydell Miller is under contract to sell her sprawling Palm Beach estate for more than $110 million.

The previous record was the $105 million sale of 1295 South Ocean Boulevard in June.


Related Articles

arrow_forward_ios
1415 South Ocean Boulevard and Steve Schonfeld (Credit: Google Maps and Getty Images)

Hedge funder, wife drop $105M for Palm Beach estate

From left: Howard Stern, President Trump, Sydell Miller, and Ken Griffin, with the island of Palm Beach (Credit: Getty Images and iStock)

Here’s how much President Trump’s Mar-a-Lago pays in property taxes

Daily Digest Miami

South Florida home sales struggle in October, Cipriani and Terra plan luxury condo

Bill McDermott and 445 North Lake Way (Credit: Getty Images and Google Maps)

Software exec sells Palm Beach vacant lot for $17M

Tiffany at 259 Worth Avenue

Breakfast at Tiffany’s? Palm Beach property owner plans luxury condo atop jeweler

Ambassador Hotel Cooperative Apartments (Credit: iStock)

Copperline Partners closes on bulk co-op deal in Palm Beach

320 Island Road (Credit: Zillow)

Heir to coal fortune lists Palm Beach estate for $38M

225 Seabreeze Avenue (Realtor)

Insurance mogul sells Palm Beach estate for $8M

arrow_forward_ios
Loading...