Suffolk Construction Relocates West Palm Beach Office
The national construction firm will occupy the top floor of the four-story building.
The national construction firm will occupy the top floor of the four-story building.
He brings more than 15 years of experience advising occupiers, investors, and property owners across the industrial, office, and retail sectors, with expertise spanning tenant representation, site selection, and investment sales.
The project will include more than 120,000 square feet of Class A office space, along with over 11,000 square feet of ground-floor retail.
Eric Cantor of Cushman & Wakefield represented the landlord in the transaction. Dean Katz, Adam Bernstein and Greg Katz of Stream Realty Partners represented Travelpro.
The asset consists of two 11-story office towers and a connected structured parking facility. The property is fully leased and home to a diverse roster of national and global tenants.
Newmark Managing Director Mitch Heifetz is spearheading marketing and leasing initiatives.
The properties were sold by Frisbie Group-affiliated ownership, along with entities tied to ophthalmologist Dr. Stephen Sullivan and Marcia Sullivan.
Nelson Garcia of RARE CRE represented the seller in the acquisition. Michael Basinski and Mitch Sinberg of Berkadia Boca Raton arranged a $31.75 million acquisition loan through City National Bank.
The site has long attracted developer interest because of its scale, location and proximity to transit.
Cleveland Clinic will be the facility’s anchor tenant, occupying the entire 34,000-square-foot first floor.
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