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Gucci-Leased Building on Palm Beach’s Worth Avenue Sells for $43M

Yet another building on Palm Beach’s upscale Worth Avenue in South Florida has been traded. Acadia Realty Trust paid $43 million for a 9,932-square-foot property at 225 Worth Avenue, which is leased t

Summary

Yet another building on Palm Beach’s upscale Worth Avenue in South Florida has been traded.

Acadia Realty Trust paid $43 million for a 9,932-square-foot property at 225 Worth Avenue, which is leased to Gucci, J.

McLaughlin and G/Force, property records show. The 0.3-acre complex more than doubled in value from its previous sale just five […]

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