TCRE To Lease New 200,000 SF PGA Office Building

Coming off the heels of its leasing success at the new 220,000-square-foot office complex DiVosta Towers, TCRE, a full-service commercial real estate brokerage in South Florida, has been named the exclusive leasing agent for PGA Tower, a 200,000-square-foot office building in Palm Beach Gardens being developed by the same owner, Gatsby Florida, led by President Babak Ebrahimzadeh and Vice President Isaac Shalom.

“We are thrilled to work with Gatsby once again and represent this premier office property in such a high-growth and desirable area,” stated Jon Blunk, president, TCRE. “PGA Tower offers a rare opportunity to be housed in a brand-new Class A building in the center of the ‘Wall Street of the South’, a business community that has been experiencing explosive growth due to the influx of residents and new-to-market firms.  With Gatsby’s forthcoming plans, PGA Tower stands out through its offering of well-located and highly-amenitized office space to enhance the overall workplace experience. Tenants will also benefit from the booming business landscape as well as an abundance of prominent retailers and restaurants surrounding them.” 

Gatsby Florida, a division of New York City-based family investment firm Gatsby Enterprises, plans to break ground on PGA Tower in Q2 2023 with opening slated for Q4 2024. Office leasing is being led by TCRE President Jon Blunk, Executive Director Laurel Oswald, Senior Managing Director Constance Thomas and Senior Vice President Cristina Glaria.

Situated on seven acres near the intersection of PGA and RCA boulevards, the eight-story office building will feature column-free, 25,000-square-foot floor plates; fine dining restaurant; 7,000 square feet of quick-serve restaurants and retail, fitness center; conference center, rooftop patio and 838 covered garage parking spots along with EV charging stations. PGA Tower’s offices will feature 10-foot, floor-to-ceiling windows with hurricane-resistant glass, full generator back-ups and building top signage.

The brokerage currently represents numerous high-profile office projects including 360 Rosemary and One Flagler and was recently named the exclusive leasing agent for The Offices at The Press, the former headquarters of the Palm Beach Post, and 500 Australian, a waterfront Class A office building in in West Palm Beach.

PGA Tower is located at 11200 RCA Center Drive in Palm Beach Gardens.