JLL Closes 45.7M Sale Of Downtown West Palm Property
Originally built in 1925, echo was repositioned in 2021 and offers Class A office space with approximately 10,000 square feet of ground floor retail and a 257-space parking garage.
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Originally built in 1925, echo was repositioned in 2021 and offers Class A office space with approximately 10,000 square feet of ground floor retail and a 257-space parking garage.
The financing was provided by City National Bank of Florida.
The multi-phase project will encompass approximately 2.5 million square feet of new commercial, residential, and hotel product once complete.
Completed in 2000, 1100 Banyan houses Scripps’ WPTV news studio and office space. Scripps will lease-back the entire property for a minimum of two and a half years.
Colliers’ Senior Vice Presidents Darcie Lunsford and Caroline Fleischer will lead the marketing efforts for the seven-story midrise.
Alan Lipsky and Barry Wolfe of Marcus & Millichap represented PEBB and Banyan in the transactions.
South Florida commercial real estate’s top talent and transformative projects honored during signature event. Manny De Zarraga received the Lifetime Achievement Award.
Ted Elam, Principal at Foundry Commercial, will serve as president for the distinguished real estate organization, known for its comprehensive industrial, office, and real estate finance reports.
The project comprises two towers: a 41-story tower with 537 multifamily residential units and a 37-story tower with 266 condominium units.
The new tenant will be relocating from another building in Fort Lauderdale and expand its footprint by approximately 15,000 square feet, occupying the entire sixth floor of the building.
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