Real Estate Rumors: Alliance, Hertz Herson, Rex Discount

Law360 (February 23, 2021, 6:49 PM EST) -- Pennsylvania-based investment firm Alliance Partners HSP has purchased a former Sam's Club in Lake Worth Beach, Florida, for $17 million, the South Florida Business Journal reported on Tuesday. The deal is for 7233 and 7109 N. Seacrest Blvd., a 135,268-square-foot warehouse that had been a Sam's Club store until the retailer closed that location in 2018, according to the report. The seller is an entity managed by Florida investor Robert Fessler, according to the report.

Hertz Herson has reached a deal to lease 9,763 square feet on Lexington Avenue in New York, Commercial Observer reported on Tuesday. The accounting firm is...

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