Tony Robbins buys West Palm Beach warehouse for production studio

Robbins owns an oceanfront home in Manalapan, which he bought in 2013 for nearly $25M

TRD MIAMI /
Oct.October 06, 2020 02:30 PM
Tony Robbins and 2951 Electronics Way, West Palm Beach (Getty, Google Maps)

Tony Robbins and 2951 Electronics Way, West Palm Beach (Getty, Google Maps)

UPDATED, Oct. 9, 4:10 p.m.: A company tied to motivational speaker and author Tony Robbins bought a West Palm Beach warehouse with plans to build a production studio, The Real Deal has learned.

The buyer, PB Studios LLC, tied to Anthony Robbins Companies, paid $4.4 million for the 28,000-square-foot warehouse at 2951 Electronics Way, according to a press release. A deed for the sale has not yet been recorded.

Records show that PB Studios LLC is managed by Yogesh Babla, CFO of Anthony Robbins Companies, whose businesses include a worldwide seminar and product business Robbins Research International, Namale Resort & Spa in Fiji, Fortune Practice Management, and a variety of businesses including media production under Tony Robbins Productions.

The seller is an affiliate of Bohren’s, a moving and storage company based in Robbinsville, New Jersey, according to records. Bohren’s bought the land in 2003 for $596,000. The warehouse was built in 2004. It features 38-foot-high ceilings, five bays and a full-size truck scale and weigh station, according to the release.

Marcus & Millichap’s Douglas K. Mandel, Tyler S. Kuhlman and Richard Redmond had the listing.

Kuhlman said Robbins’ purchase of a shipping warehouse to create a production studio shows the scarcity of industrial buildings in the area, which means buyers have to think creatively.

Robbins is no stranger to South Florida. In 2013, he bought an oceanfront home on South Ocean Boulevard in Manalapan for $24.75 million.

Recent industrial sales in South Florida include three warehouses in Opa-locka that sold for $11.4 million, and an affiliate of Blackstone bought a portfolio of industrial properties in Miami-Dade and Broward counties from Elion Partners for $93.5 million.


Related Articles

arrow_forward_ios
Alejandro Velez, CEO of Midtown and 9315 Northwest 112 Avenue, Medley (Credit: Google Maps)

Honeywell warehouse in Medley sells for $8M

Honeywell warehouse in Medley sells for $8M
Phil Collins and Orianne Cevey (Credit: Johnny Louis/WireImage via Getty Images)

Phil Collins trying to evict ex-wife from Miami Beach mansion

Phil Collins trying to evict ex-wife from Miami Beach mansion
Michael Wekerle & 1000 Riviera Isle Drive (Credit: Google Maps and Isaiah Trickey/FilmMagic via Getty Images)

Fort Lauderdale estate built for Anheuser-Busch CEO hits the market at $19M

Fort Lauderdale estate built for Anheuser-Busch CEO hits the market at $19M
Renderings of a proposed project (Courtesy of Apex Capital Realty)

CBD investor sells Hialeah Gardens dev site for $5M

CBD investor sells Hialeah Gardens dev site for $5M
Pebb’s Ian Weiner and 5544 Okeechobee Boulevard, West Palm Beach (Pebb Enterprises)

Pebb sells West Palm Tesla dealership for $13M

Pebb sells West Palm Tesla dealership for $13M
11750 Turtle Beach Road, North Palm Beach (Realtor)

Billionaire businessman sells North Palm Beach mansion for $19M

Billionaire businessman sells North Palm Beach mansion for $19M
Brandon Marshall and 16710 Stratford Court (Credit: Steven Ferdman/Getty Images, and Lenny Kagan)

Former Miami Dolphin Brandon Marshall sells Southwest Ranches home

Former Miami Dolphin Brandon Marshall sells Southwest Ranches home
Yadier Molina & 6431 River Pointe Way (Credit: Todd Kirkland/Getty Images, and Google Maps)

Baseball player Yadier Molina sells Jupiter mansion for $8M

Baseball player Yadier Molina sells Jupiter mansion for $8M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...