The project includes replacing approximately 600 feet of existing seawall and 1,000 feet of floating docks, two new pre-engineered metal buildings, a state-of-the-art ship store, 8,999 square feet of retail office space and 9,724 square feet of work bays to meet member needs.
The transaction was brokered by SVN | Commercial Partners’ Lydia Montaigne, along with co-brokers Michael Oretsky and Tom O’Loughlin of CBRE.
The development site spans 4.2 acres.
The sale price equates to approximately $370 per square foot.
Joseph Byrnes, Senior Vice President with Berger Commercial Realty, represented the seller in the deal.
The company will now occupy the entire top floor of 1489 W. Palmetto Park Road, totaling 30,000 square feet.
The 124,500-square-foot property consists of two rear-load buildings completed in 2021.
The corporate law firm has extended its lease of more than 21,000 square feet.
The site includes a fully-entitled, 274-unit, site plan approved multifamily development, which includes 5,300 square feet of ground floor retail space.
In his new role, he will work alongside Greg Katz, Shay Pope, Jason Warren, and Carlyle Coffin to grow the firm’s tenant representation platform.