Affiliates of Harbor Group International (HGI) have bought Locklyn West Palm, a newly developed multifamily community in West Palm Beach, Fla.
Comprising 280 units, the community adds to HGI's growing footprint in South Florida, which now totals more than 3,800 apartment homes across 15 properties.
Locklyn West Palm offers a central location for residents. The community is proximate to nearly 15.5 million square feet of office space, with an additional 2.3 million square feet to be delivered in the next three years. The community is also near major transportation options, including Interstate 95, Highway 98 and the Florida Turnpike, connecting residents to nearby employment and entertainment options in West Palm, Delray, Boca Raton and Palm Beach Gardens.
“As migration to South Florida continues to trend upward, spurring demand for modern apartment housing, Locklyn West Palm offers attractive rent levels compared to other newer, luxury products on the market,â
