Lakeshore Office Plaza In West Palm Beach Trades
The property includes a one-story strip shopping center, a two-story office building and two out-parcel buildings totaling 55,000 square feet.
The property includes a one-story strip shopping center, a two-story office building and two out-parcel buildings totaling 55,000 square feet.
Three tenants have signed on for a combined 20,000 square feet.
This is the first time the property has been offered for sale since it was built in 1974.
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The transaction was brokered by Devlin Marinoff and Tony Arellano of Dwntwn Realty Advisors.
According to the Miami-Dade Beacon Council, the new headquarters is expected to support an additional 1,500 jobs over the next three years and generate roughly $300 million in recurring annual economic impact across the county.
Colliers’ Vice Chair Stephen Rutchik and Vice President Tom Farmer represented ownership in the transactions.
To support its continued growth, Native is actively interviewing senior commercial real estate brokers to meet rising demand from its expanding client base.
These additions mark a significant milestone for Nora, expanding the district beyond retail and dining into a hub for businesses, influencing the future of West Palm Beach’s economic landscape.
In addition to his role as NAIOP South Florida President, Corlew has served on NAIOP boards at both the regional and national levels and remains actively involved in industry conferences and community development initiatives.
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