Why Florida & Palm Beach County
•Florida is widely considered a “tax haven” for people and corporations alike. Florida ranks 4th in GDP nationwide with a 2012 GDP of $744 billion.
•Florida’s economy is projected to grow 3% annually over the next 5 years, outpacing the national average.
•By 2018, Florida is set to cross the $1 trillion threshold for gross state product, making it the 16th largest economy in the world.
•The Tri-county area (Miami-Dade, Broward, and Palm Beach counties) make up the largest population (+7 Million) and economic center (37% of Florida GDP) in the state of Florida.
•Palm Beach County is one of the fastest growing counties in the country with 8% of the overall Florida GDP and a population of +1.3MM. The residents of Palm Beach represent one of the single largest accumulations of wealth in the world.
•Founded in 2012 by Alex Griswold, Armata Holdings, LLC. (“Armata”) is a real estate investment and development company headquartered in West Palm Beach, Florida.
•Armata’s core mission is to acquire and develop premier real estate properties in and around Palm Beach County.
•Armata is actively seeking commercial and residential opportunities throughout Palm Beach County, with a target deal size of 5MM to 25MM.
•Armata differentiates itself from many other investment platforms in that it actively invests in all types of real estate assets (retail, office, mixed-use, industrial etc.), but only in a very specific geographical location (Palm Beach County.)
“Armata Holdings, LLC. is a strategic investment platform focused on acquiring, managing and developing core and opportunistic assets in Palm Beach County.”