Worth Avenue
Worth Avenue
Retail street · Palm Beach, FLView property page

Worth Avenue Retail Trades at Record Pricing in Palm Beach

By Brandmarch1 min read

A ~9,900-sq-ft retail building on Worth Avenue in Palm Beach has sold for $43 million, more than doubling its 2021 sale price and pricing at over $4,300 per square foot. The property is fully leased to luxury tenants including Gucci, J.McLaughlin and G/FORE.

For brokers, the transaction underscores continued investor demand and pricing strength in ultra-luxury corridors, where limited supply and high-credit tenancy continue to drive aggressive valuations despite broader market uncertainty.

https://finance.yahoo.com/markets/stocks/articles/retail-building-worth-avenue-palm-205125094.html?guccounter=1&guce_referrer=aHR0cHM6Ly9uZXdzLmdvb2dsZS5jb20v&guce_referrer_sig=AQAAAFezkUeG_x-4afJhc7B1oajdMP4gck_6HQpYFX3CEpcRIEitNnIbd8pTAe9G5RwU2BogSDXySDrX9WRN5zhPnUiBl6MWYE7mxX1kvavbbbFTUPFqXXKWAT-YT99YP075K2XDwF925G7T0Q0hB8FCHe0TO_ychoDyZnbPBpPxPYGv

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Retail building on Worth Avenue in Palm Beach sells for $43 million
Retail building on Worth Avenue in Palm Beach sells for $43 millionA Palm Beach building that is home to retailers Gucci, J.McLaughlin and G/FORE has sold to a New York real estate investment firm, records show.

See which brands fit Worth Avenue

Brandmarch ranks the brands that belong at a center, with the reasoning. Worth Avenue is already scored against 6,800 brands.

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Sources: Retail building on Worth Avenue in Palm Beach sells for $43 million