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Commercial Real Estate, Capital, Insurance, Leasing & Management

New York’s Fortress Invests in Palm Beach Luxury Retail — Thanks to Franklin Street Brokers

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  • Franklin Street
New York-based Fortress Investment Group LLC has invested in Palm Beach’s Worth Avenue, one of South Florida’s iconic, high-end retail streets in a deal brokered by Franklin Street. Franklin Street will also manage the property.

Excerpted from Daily Business Review story.

New York-based Fortress Investment Group LLC has invested in Palm Beach’s Worth Avenue, one of South Florida’s iconic, high-end retail streets in a deal brokered by Franklin Street.

Fortress bought the 16,374-square-foot building at 259 Worth Ave. where Tiffany & Co. has a store for $20 million from Madden Family Associates Ltd.

Franklin Street senior vice president of investment sales Greg Matus in Plantation represented both buyer and seller.

For full story, visit https://www.law.com/dailybusinessreview/2018/10/09/new-yorks-fortress-invests-in-palm-beach-luxury-retail-thanks-to-franklin-street-brokers/

bACK tO thE iNFORMATION eXCHANGE

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