New Yorkers Buy Palm Beach Gardens’ DiVosta Office Towers for $80M


The twin-tower complex is the first new office space built in Palm Beach Gardens in nearly a decade.

A New York family firm made its second major South Florida office investment, buying the newly built DiVosta Towers in Palm Beach Gardens for $80 million. Gatsby Enterprises, led by principal and chairman Nader Shalom, bought the twin towers from project developer Gardens Corporate Center LLC on Friday. Gatsby made the purchase in partnership with…..Full Article at:

Jon Blunk, president at Tower Commercial Real Estate, is the leasing agent for both buildings.

“DiVosta Towers offers everything one could want in an office address. The buildings’ ideal downtown location means tenants have plenty of restaurants and shops within walking distance,” he said in a news release. “The Palm Beach Gardens market has been asking for a top-tier project like this for a long time, and these buildings have been overimproved in every way.”