CS Ventures has acquired two commercial properties and three parking lots in the heart of Palm Beach with $22 million in acquisition financing from Ocean Bank. The transaction includes the retail and office building at 180 Royal Palm Way, the retail property at 301 S. County Road, and three adjacent parking lots along Brazilian Avenue.
The acquisition expands CS Ventures’ presence on Palm Beach Island and adds to the firm’s growing portfolio of office and retail assets in South Florida. The properties occupy a prominent location within Palm Beach’s commercial district, an area characterized by limited inventory and strong demand for high-quality retail and office space.
301 S. County Road. Credit: CS Ventures.
The property at 180 Royal Palm Way comprises 20,038 square feet of retail and office space across three stories. The neighboring property at 301 S. County Road contains 11,326 square feet of retail space. The transaction also includes three adjacent parking lots on Brazilian Avenue totaling approximately 44,000 square feet.
“We are thrilled to announce the acquisition of 180 Royal Palm Way and 301 S. County Road — two exceptional additions to our Palm Beach Island portfolio,” said Charles L. Rosenberg, Managing Partner of Rosemark Management.
“These assets align perfectly with our long-term vision of acquiring and managing premier office and retail properties in growing markets.
“We are deeply grateful to Ocean Bank for their trust, expertise, and unwavering partnership throughout this transaction. We look forward to continuing to build on our strong relationship as we pursue future opportunities together.”
According to Ocean Bank, the financing reflects its continued focus on commercial lending opportunities throughout Palm Beach County and the broader South Florida market.
“Financing the acquisition of these properties represents a meaningful milestone in deepening Ocean Bank’s presence in Palm Beach County—a market we have long regarded as a cornerstone of our South Florida strategy, defined by enduring fundamentals, sustained demand, and a limited supply of premier assets,” said Eddie Diaz, Executive Vice President and Head of Corporate Lending at Ocean Bank.
“This transaction underscores our ongoing commitment to partnering with best-in-class sponsors and supporting high-quality properties that align with our values of disciplined lending and a long-term vision for sustainable growth.”
Senior Vice President T. George Harduvel arranged the financing on behalf of Ocean Bank.
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