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Colorado Investor Buys Downtown West Palm Rental for $79M

Griffis Residential paid $78.5 million for a multifamily complex in Downtown West Palm Beach, Fla., property records show. The 263-unit building sits on a 2.45-acre parcel, occupying nearly a full blo

Griffis Residential paid $78.5 million for a multifamily complex in Downtown West Palm Beach, Fla., property records show. The 263-unit building sits on a 2.45-acre parcel, occupying nearly a full block at 805 North Olive Avenue, between Sixth Street and Eucalyptus Street. The 279,601-square-foot building — which the Colorado-based buyer has already renamed as Griffis […]

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