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Related Ross joint venture snaps up waterfront West Palm Beach property

Sale-leaseback deal with broadcasting company Scripps includes TV studio
1100 Banyan was acquired by a joint venture between Related Ross, Wexford Real Estate Investors and Key International for $40 million. (CoStar)
1100 Banyan was acquired by a joint venture between Related Ross, Wexford Real Estate Investors and Key International for $40 million. (CoStar)

American broadcasting company E.W. Scripps, known to many simply as Scripps, has completed the sale-leaseback of its downtown West Palm Beach office and TV studio to the tune of $40 million.

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