The lease is the largest office lease signed in northern Palm Beach County in more than two years, according to Cushman & Wakefield.
The new deals include an 18,842-square-foot 10-year lease with Valley National Bank, a 9,717-square-foot 10-year lease with Rosenbaum LLP and a 9,648-square-foot long-term lease with Morgan & Morgan.
Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord, Colonnade Properties, in the lease negotiations.
Anthony Librizzi of Cushman & Wakefield represented the buyer in the transaction and has been retained to oversee leasing at the property.
The company is slated to take occupancy this month.
Recent renovation work includes a new lobby, café, conference center, outside seating/lounge area with new landscaping and installation of a Phenomenal Aire Series R Cold Plasma Generator which creates a plasma field within a HVAC system that naturally cleans passing air.
Anthony Librizzi and Tara England of Cushman & Wakefield represented the owners, Owens Realty Capital, in the lease negotiations.
Scott O’Donnell and Dominic Montazemi’s Capital Markets Team represented Lexington Palm Beach LLC in the disposition of the 113,565-square foot property. CLICK ON THE HEADLINE FOR MORE
“Banker’s Row” is home to some of the world’s most renowned names in banking, financial advisory and professional services. CLICK ON THE HEADLINE FOR MORE
A $2.4 million base building capital improvement campaign was recently completed on the 95,069-square-foot property. CLICK ON THE HEADLINE FOR MORE
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