**Morning Calm Sells West Palm Beach Mixed-Use Property for $45.7M**
Morning Calm Management has sold Echo, a 71,000-square-foot mixed-use property in West Palm Beach, for $45.7 million to an undisclosed buyer. According to Commercial Edge, the building last changed hands in 2019 for $14 million, marking a significant increase in value over a five-year period.
The JLL Capital Markets team representing the seller was led by Ike Ojala, Hermen Rodgriguez, Matt McCormack, Blake Koletic, and Hunter Smith.
Originally constructed in 1925, Echo underwent a major repositioning in 2021. The building now features Class A office space, approximately 10,000 square feet of ground-floor retail, and a 257-space parking garage. Currently, the property is 80% occupied, primarily by financial services firms.
Recent upgrades to the property include a new lobby, a conference center, a tenant lounge, EV charging stations, and a newly developed private courtyard—enhancing Echo’s appeal as a modern workplace and retail destination.
Located at 205 Datura Street, Echo benefits from its prime setting near a signature waterfront, a growing residential population, thriving business community, and two active shopping districts.
