JLL Wins Exclusivity For Class A Office In WPB

KBS Realty Advisors has appointed Jones Lang LaSalle exclusive leasing agent for CityPlace Tower, a Class A, 295,933-square-foot office tower located at  525 Okeechobee Blvd in the heart of downtown West Palm Beach.
This represents JLL’s most recent leasing assignment in Palm Beach County, where it has more than doubled its presence over the past two years.
“CityPlace Tower has become the premier office tower in the market due to its impressive tenant roster and ownerships willingness to go above and beyond to meet tenants’ needs,” said Kevin Probel, Vice President at Jones Lang LaSalle.  “The tower is at the gateway of West Palm Beach and offers an outstanding opportunity for tenants to have access to Cityplace, with its array of shops, restaurants and vibrant work, play environment.”
Jones Lang LaSalle Vice President Kevin McCarthy will spearhead the leasing efforts at the tower, where the JLL team has handled property management since 2011.  With this assignment, JLL continues to expand its agency leasing portfolio to nearly 1 million square feet of office space, and becomes the exclusive broker for KBS in West Palm Beach, which also owns Emerald View at Vista Center.
“We look at this as a true partnership based on all the success we’ve had with the JLL team over the past couple of years,” said Allen Aldridge, KBS senior vice president and asset manager.  “We chose JLL’s brokerage team to represent CityPlace Tower because of the professionalism and dedication they’ve shown at Emerald View.”
The tower is 90 percent leased with a tenant roster including INTECH, Carlton Fields, Shutts & Bowen and Cleveland Clinic.  Four floors of parking and gated, direct-to-suite access from the garage for senior executives via private elevator make the building the most user-friendly and efficient in the region.  The building is monitored with the most advanced security systems in all of South Florida.

 

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