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South Florida Business & Wealth
Editor's Choice

ONE LINERS Palm Beach

| SFBW Staff

► Northlake Promenade Shoppes, an 82,966-square-foot retail center anchored by Publix, sold for $12.6 million in North Palm Beach.

► Delray Beach’s WMPH Vacations acquired CruiseNow.com, a North Carolina-based company  that owns last-minute cruise-deal websites iCruise.com and CruiseCheap.com.

► Palm Beach County’s sales tax has increased to 7 percent on the dollar, which is anticipated to bring in $2.7 billion over the next 10 years.

► Bar Louie shuttered on Clematis Street.

► The Macy’s store at CityPlace in West Palm Beach will close by year’s end, among 68 shuttering nationwide.

► The Limited, owned by Boca Raton Sun Capital Partners, closed all its stores nationally, but will continue to sell apparel online.

► Ram Realty Services broke ground on Cortina, a 350-unit apartment project on a 14.4-acre site in Boynton Beach, which is anticipated for completion in spring.

► Related Group will break ground on Town Southern, a 392-unit garden-style apartment community in Royal Palm Beach.

► Kenco Communities and Wexford Capital are planning a 73-acre, mixed-use project in Lantana.

► Suffolk Construction has moved its South Florida headquarters to downtown West Palm Beach.

► Cushman & Wakefield negotiated the sale of a 52,922-square-foot industrial warehouse in Riviera Beach, 1500 Avenue R.

► Professional wrestler Kurt Angle has partnered with Delray Beach tech company Sober Network to develop and launch his new “AngleStrong” recovery management mobile app for iOS and Android devices.
► Professional wrestler Kurt Angle has partnered with Delray Beach tech company Sober Network to develop and launch his new “AngleStrong” recovery management mobile app for iOS and Android devices.
►Frontier Airlines will add additional routes to the Northeast from the Palm Beach International Airport in time for spring.
►Frontier Airlines will add additional routes to the Northeast from the Palm Beach International Airport in time for spring.
►Florida Atlantic University’s Freight Mobility Research Institute will receive $1.4 million a year from the United States Department of Transportation for five years.
►Florida Atlantic University’s Freight Mobility Research Institute will receive $1.4 million a year from the United States Department of Transportation for five years.
► The iconic Colony Palm Beach hotel, just south of Worth Avenue in Palm Beach, was sold for $12 million to Robert C. Wetenhall, owner of the Canadian Football League’s Montreal Alouettes.
► The iconic Colony Palm Beach hotel, just south of Worth Avenue in Palm Beach, was sold for $12 million to Robert C. Wetenhall, owner of the Canadian Football League’s Montreal Alouettes.
► The Buddha Sky Bar building, a three-story, 11,500-square-foot structure on Delray Beach’s Atlantic Avenue, is listed for $24.5 million.
► The Buddha Sky Bar building, a three-story, 11,500-square-foot structure on Delray Beach’s Atlantic Avenue, is listed for $24.5 million.
►Broken Sound Club in Boca Raton, a five-star private golf club, is the recipient of the 2017 Environmental Leaders in Golf Awards.
►Broken Sound Club in Boca Raton, a five-star private golf club, is the recipient of the 2017 Environmental Leaders in Golf Awards.
► Norwegian Cruise Line’s former CEO, Kevin Sheehan, has purchased Paradise Cruise Line, based at the Port of Palm Beach, for an undisclosed amount.
► Norwegian Cruise Line’s former CEO,
Kevin Sheehan, has purchased Paradise
Cruise Line, based at the Port of Palm Beach,
for an undisclosed amount.
►Billionaire developer Jeff Greene purchased a multifamily vacant site for $3.05 million near West Palm Beach.
►Billionaire developer Jeff Greene purchased a multifamily vacant site for $3.05 million near West Palm Beach.

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