The property's institutional quality, A+ location along the coveted Intracoastal, and irreplaceable, lifestyle waterfront nature in a growing South Florida market make this investment another ideal match with our current acquisition criteria. "The acquisition marks Wheelock's first hotel purchase and second fund investment in the West Palm Beach market. Concord, which operates a portfolio of over 130 hotels, including 23 hotels in Florida, will continue to retain management responsibilities under Wheelock's ownership. The continued growth of the West Palm Beach office demand supports a bullish outlook on the market, also evidenced by Wheelock's recent 153,000 SF office development investment located at 301 Clematis Street & 300 Banyan Boulevard, adjacent to The Ben.Ĭoncord Hospitality, one of the top hospitality developers and managers in the U.S., was instrumental in the property's concept design, development, and launch. A number of high-quality new tenants, including Goldman Sachs, Point72 Asset Management, Benefit Street Partners, Susquehanna, Comvest Partners, Norwest Equity Partners, Lewis Longman Walker, and Sanders Capital, have made announcements regarding establishing a meaningful presence in the market. Conveniently located steps away from downtown West Palm Beach, the development features residential, dining, retail, and other amenities, while The Ben features a full-service restaurant, 7800 square feet of event space, rooftop ballroom, rooftop pool, and amenity deck complete with unparalleled views of the City Marina, Intracoastal Waterway, and Palm Beach Island.ĭrawing media attention as "Wall Street South," West Palm Beach is in the midst of a development and investment renaissance with a robust housing market and strong new-to-market office activity from the Northeast and elsewhere. Purpose built in 2020 as Marriott Autograph Collection's first hotel in Palm Beach County, the 208-room property serves as the centerpiece of Flagler Banyan Square, a 435,000 square foot mixed-use lifestyle project. The nearest airport is Palm Beach International Airport, 3.7 mi from The Ben, Autograph Collection.WEST PALM BEACH, Fla.-( BUSINESS WIRE)-Wheelock Street Capital announced it has acquired The Ben - West Palm Beach, a 208-room Marriott soft-branded, luxury hotel located at 251 N Narcissus Avenue in West Palm Beach, FL. Popular points of interest near the hotel include Palm Beach County Convention Center, Kravis Center for the Performing Arts and Cuillo Center for the Arts. The Ben, Autograph Collection offers a terrace. The accommodations offers a à la carte or American breakfast. At The Ben, Autograph Collection every room comes with bed linen and towels. Each room is fitted with a coffee machine, while selected rooms will provide you with a balcony and others also have city views.
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At the hotel all rooms come with air conditioning, a seating area, a flat-screen TV with satellite channels, a safety deposit box and a private bathroom with a shower, bathrobes and slippers. The hotel offers an outdoor swimming pool, fitness center, evening entertainment and a 24-hour front desk. This 5-star hotel offers room service and an ATM.
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Featuring a restaurant, bar, shared lounge and free WiFi, The Ben, Autograph Collection is set in West Palm Beach, 1.1 mi from Palm Beach and 0.9 mi from CityPlace.