PALM BEACH GARDENS, FL— Walton Street Capital LLC has purchased the 2,348-acre PGA National Resort & Spa here from the Ecclestone Organization. The Plasencia Group, Inc. negotiated the disposition for the seller. The 339-key resort includes nine restaurants and lounges, a 34,000-sf conference wing, a 40,000-sf spa, a 33,000-sf health and racquet club with 19 tennis courts, five golf courses, a Golf Digest academy and a members club. Walton Street Capital will now invest more than $25 million during the next two years in the resort, which is home to the Professional Golf Association Tour’s Honda Classic.
