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Investment Group Pays $19.5M for Building on Palm Beach’s Worth Avenue

An investment group with properties on Palm Beach's Worth Avenue just paid $19.5 million for the Via Bice building, adding to its holdings on the pricey retail street.

Via Bice Worth Avenue LLC, an affiliate of the Amirsaleh Family Trust, purchased the building at 313 1/2 Worth Avenue and 320 Peruvian Avenue, Greenberg Traurig attorney David M. Layman said on Wednesday. It hit the market in December with HFF broker Luis Castillo, who at the time said the building could sell for more than $20 million.

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